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Germany comes into Saturday's match against Ivory Coast as a -200 favorite. Bookies and agents know most of their players will be all over Germany in this one. And considering the German side's dominant performance over Curacao in their game last week, it is absolutely critical to use a bookie solution that focuses heavily on risk and money management.
What's at Stake
Germany opened with a 7-1 win over Curaçao while Ivory Coast opened with a 1-0 win over Ecuador. Both teams are well positioned to advance beyond the group stage. A Germany win would put them on 6 points and likely near-certain advancement. An Ivory Coast win would be a major statement and could put them on the brink of the knockout round. Germany is the -195 favorite here while Ivory Coast promises a payout of close to US$500 for every US$100 bet with an upset. Kai Havertz, Jamal Musiala and Florian Wirtz are your big goalscorer betting markets here.
The Best Tips for Bookie Money Management
The Layoff Account
Just because you happen to be bookie doesn’t mean you don’t make bets yourself. Many bookies manage their money by operating a layoff account, where they’ll make bets to offset possible losses.
To use a layoff account, you have to keep track of where your potential losses might be.
In bookmaking, a layoff account is an account a bookmaker uses to reduce risk by betting with another bookmaker.
An example as it pertains to this match between Germany and Ivory Coast:
Suppose your book takes:
$100,000 on Germany to beat Ivory Coast
Very little money on Ivory Coast or the draw
If Germany wins, your exposure is huge. To reduce risk, you might use a layoff account to place:
$40,000 on Germany at another sportsbook, perhaps one that AcePerHead.com recommends.
Now you've transferred some of your liability to another bookmaker.
In Soccer Specifically, layoff betting is common because:
- Soccer has three-way markets (home win, draw, away win).
- Sharp bettors can create large imbalances.
- Futures markets (World Cup winner, Premier League winner, Golden Boot, etc.) can create enormous liabilities months before settlement.
Bookie Money Management Equals Success
The bookie business isn’t a walk in the park. You need to have a firm grasp of gambling fundamentals. You better be willing to hustle.
More importantly, you need to master the art of risk mitigation and bookie money management. Thanks to PPH gambling platforms like AcePerHead.com, these skills have never been easier to master.
Are you a sharp who’s ready to go from laying action to taking action? You know that’s where the money is. Sign up with AcePerHead.com today and get your dream sportsbook ready before the next big game.
AcePerHead.com also offers an endless number of betting opportunities for this year's World Cup.
Push all those goalscorer markets, entice your players into betting parlays, and don't forget, AcePerHead.com offers a live dealer casino to compliment all the World Cup action.
How a PPH Platform Works
With a Pay Per Head (commonly referred to as a PPH), bookies and agents pay a small weekly fee per player and, in return, receive everything from managed lines, reporting, customized websites for players, 24/7 customer service and, of course, a full slate of World Cup player and game props in addition to live in-play betting.
Remember that not all PPH solutions are built the same. Some advertise their software for a super cheap price per customer and all the bookie or agent gets is a cookie cutter software with not much more.
AcePerHead.com offers its Pay Per Head service for as little as $3 per player and, for that price, you receive everything a quality sportsbook offers including skilled oddsmakers, full reporting, 99.9% server uptime, live in-play wagering, full props and futures options, customized websites, 24/7 customer support and even a live dealer casino.
If you have 100 players for this summer's World Cup, you’ll pay $300 (while bringing in far more). However, during the off-season after the World Cup ends and before the new football season begins, you only have 10 active customers, you will only need to pay $30.
AcePerHead.com Germany vs. Ivory Coast Full Betting Markets
Moneyline (3-way) - 2 Up Early Payout
Anytime Goalscorer
To Score Or Assist
Player To Have 1 Or More Shots On Target
Correct Score
Both Teams To Score
Over/Under 1.5 Goals
Over/Under 2.5 Goals
Over/Under 3.5 Goals
Over/Under 4.5 Goals
Total Goals Bands
First Goalscorer
To Score 2 or More Goals
To Score a Hat-Trick
Anytime Assist
Double Chance
Tie No Bet
Lead at 10-20-30-60 Minutes
Player To Have 1 Or More Shots
Player To Have 2 Or More Shots
Player To Have 2 Or More Shots On Target In 1st Half
Player To Have 1 Or More Shots On Target In 1st Half
Player To Have 1 Or More Shots In 1st Half
Player To Have 2 Or More Shots On Target
Player To Have 3 Or More Shots On Target
Half-Time Result
1st Half Over/Under 0.5 Goals
1st Half Over/Under 1.5 Goals
Total Goals Bands - 1st Half
2 Way Spread Home Team -1.5 Goals
2 Way Spread Away Team -1.5 Goals
Correct Score Combinations
Winning Margin
Penalty Awarded?
- Don Shapiro, Gambling911.com
