Business & Financial

Where Can I Find Tutorials for Bookies?

Where Can I Find Tutorials for Bookies?

These tutorials will explain the importance of research and planning as well as the minimum amount of funds one must obtain to start a bookie business.

Submitted by Aaron Goldstein on, Jan/24/2022

Bitcoin Skids to Six-Month Low as Fears of Ukraine Conflict Shake Markets

Bitcoin Skids to Six-Month Low as Fears of Ukraine Conflict Shake Markets

Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off.

Submitted by Reuters on, Jan/24/2022

Betting Software to Help Bookies.... Players Too

Betting Softwares for Bookies

Bookies use the latest technology to process bets fast and provide gamblers with a thrilling betting experience. In addition, they often upgrade their software to keep up with the increasing demand for interesting games and extra betting markets. The software has different functionalities and system requirements. Listed here are the six best sports betting software. 

Submitted by C Costigan on, Jan/21/2022

How Much Money Do I Need To Start My Own Sportsbook?

How Much Money Do I Need To Start My Own Sportsbook?

Utilizing a Pay Per Head software platform, most industry experts agree you will need in the neighborhood of $10,000 in reserve for a relatively small operation of up to 10 players. 

Submitted by Aaron Goldstein on, Jan/21/2022

Is Being a Bookie Still Considered Illegal? World's 2nd Oldest Profession Now as Pristine as Being a Priest

Is Being a Bookie Still Considered Illegal?

A 2018 Supreme Court decision struck down a 1992 federal law effectively banning commercial sports betting in most states, and opened the door to legalizing wagering on professional and amateur sports.  But even before this time independent bookies operating in the States, and around the world for that matter, began discovering ways of limiting their exposures within a grey market industry, the second oldest in the world after prostitution.

Submitted by Jagajeet Chiba on, Jan/21/2022

Texas Card House Could Be Shut Down Despite Being Approved to Operate

Texas Card House Could Be Shut Down Despite Being Approved to Operate

Should the Texas Card House permit be pulled, players will be forced to go back underground.

Submitted by Ace King on, Jan/21/2022

Pennsylvania Set State Record for Gambling Revenue in 2021

Pennsylvania Set State Record for Gambling Revenue in 2021

Pennsylvania set another annual record for gambling revenue in the era of online gambling and sports betting, state regulators said, reporting that casinos and other operators won more than $4.7 billion from gamblers in calendar year 2021 in one of the nation’s largest commercial casino states.

Submitted by Associated Press on, Jan/21/2022

Pay Per Head Demo: 2 Weeks Free, Then $2 Per Head

PPH Demos: 2 Weeks Free, Then $2 Per Head

The PricePerPlayer Pay Per Head Demo is actually a free two weeks trial whereby you answer two simple questions.  Once the two week trial period is over, You'll begin paying a weekly fee per active customer starting as low as $2.

Submitted by Aaron Goldstein on, Jan/21/2022

Michigan Sports Betting Handle in 2021 Was $3.5 B

Michigan Sports Betting Handle in 2021 Was $3.5 B

It has been a full year since Michigan betting apps launched and the state's marketplace isn't looking back - as Michigan has seen a steady path of growth in terms of revenue over 2021. With the excitement of 2022 goals on the horizon, GreatLakeStakes.com has provided the following information as key takeaways

Submitted by Guest on, Jan/21/2022

Bookie Agent App for Paying and Collecting Money Without Having to Meet Face to Face

Bookies: You Don't Have to Meet Your Players to Pay Them Any More With This App

Introducing Agent Payment 4K.  It's a complete player payment control app only available at Power Pay Per Head. 

Submitted by Aaron Goldstein on, Jan/20/2022

The Fed May Create a US Digital Currency

The Fed May Create a US Digital Currency

The central bank just released a 40-page study on the benefits and risks of a central bank digital currency (CBDC).  The agency avoided taking any type of stance on the matter.

Submitted by Aaron Goldstein on, Jan/20/2022

Become a Sports Betting Entrepreneur

Become a Sports Betting Entrepreneur

Professional sports bettors can make great money and so too can bookmakers. All you need are the right tools. For the independent bookie, that's as simple as implementing a quality Pay Per Head platform.  They offer everything from 24-7 customer service to an odds feed to all the reporting you can ever imagine, all starting at $2 per active customer per week.

Submitted by Aaron Goldstein on, Jan/20/2022

Start Your Own Sportsbook

Start Your Own Sportsbook

If you are looking to start your own sportsbook, then the first thing you should look into is the pay per head industry.This industry makes it easier than ever for anyone to start their own sportsbook.

Submitted by C Costigan on, Jan/20/2022

Russia Proposes Ban on Use and Mining of Cryptocurrencies

Russia Proposes Ban on Use and Mining of Cryptocurrencies

Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' wellbeing and its monetary policy sovereignty.

Submitted by Aaron Goldstein on, Jan/20/2022

PointsBet Becomes First US In-Game Betting Provider With Zero Suspensions for Both Moneyline and Spread Wagers

PointsBet announced Wednesday it had successfully offer in-game betting with zero suspensions for both moneyline and spread wagers on Saturday's Wildcard Playoff game between the Las Vegas Raiders and Cincinnati Bengals broadcast on NBC. 

Submitted by Aaron Goldstein on, Jan/19/2022

Shulman Cruise Terminated as Ship Owner Goes Bankrupt

Shulman Cruise Terminated as Ship Owner Goes Bankrupt

The four-month, $400,000 world cruise that first couple of poker Barry and Allyn Shulman are on has been terminated, just days after it began.

Submitted by Thomas Somach on, Jan/19/2022

What is the NFT Card Game 1000 Blades?

1000 Blades is an NFT card game that plays out with three different factions, Monk, Ninja and Samurai battling for the Hans of Japan.  Whichever of the three factions wins entitles the NFT holders of that faction to win random NFTs as rewards.

Submitted by Aaron Goldstein on, Jan/19/2022

A Pennsylvania Sportsbook Is Arguing my Futures Bet on Djokovic Shouldn't be Refunded

A Pennsylvania Sportsbook Is Arguing my Futures Bet on Djokovic Shouldn't be Refunded

Posting on the SportsBookReview forum, member Thomorino writes that Pennsylvania online sportsbook Unibet refused to refund a futures bet on Novak Djokovic to win the Australian Open.  But there is a happy ending to this story.

Submitted by Gilbert Horowitz on, Jan/19/2022

Common Problems With Sports Betting Software for Bookies

Common Problems With Sports Betting Software for Bookies

Not all Pay Per Head sports betting software platforms are created equal.  While you have the full service Pay Per Head offerings from our friends at PricePerPlayer, there are the turnkey products that provide some bells and whistles and that's about all.

Submitted by Aaron Goldstein on, Jan/19/2022

New York Mobile Sports Bets Wil Likely Pass New Jersey for No. 1

New York Mobile Sports Bets Wil Likely Pass New Jersey for No. 1

New York likely surpassed New Jersey for the top spot in the U.S. sports betting market during the first two weekends that mobile bets were offered, according to a company that most of the legal U.S. sports betting industry uses to verify that its customers are where they say they are.

Submitted by Associated Press on, Jan/18/2022

Is NYC Really Getting a Casino?

Is NYC Really Getting a Casino?

New York City could become the next Las Vegas.  New York Governor Kathy Hochul on Tuesday proposed a $216.3 billion budget that would bring casino gambling to the Big Apple.

Submitted by Gilbert Horowitz on, Jan/18/2022

What Are The 5 Business Goals for Your Bookie Business to Stay Competitive?

What Are The 5 Business Goals for Your Bookie Business to Stay Competitive?

Reducing your expenses and discovering new networking opportunities are among the most important goals for running a successful bookie business. 

Submitted by Aaron Goldstein on, Jan/18/2022

2022 Kickoff Classic in the Call of Duty League Betting Odds

2022 Kickoff Classic in the Call of Duty League Betting Odds

The THIRD season of the Call of Duty League (CDL) is slated to kick off the season with what they call the “Kickoff classic” beginning February 4, 2022 with futures betting and daily markets available at BetOnline (available most jurisdictions worldwide).

Submitted by Alistair Prescott on, Jan/18/2022

DraftKings Calls Canada's Gambling Study Flawed

DraftKings Calls Canada's Gambling Study Flawed

Because the tax rate Ontario is expected to impose on online gambling sites is much lower than the percentage the government takes from casino spending, the report concludes that the province stands to lose out on $550 million in annual revenue for a total of $2.8 billion over the next five years.

Submitted by Gilbert Horowitz on, Jan/17/2022

Fortnite Tilted Towers Release Date January 18?

Fortnite Tilted Towers Release Date January 18?

The Fortnite Status Twitter account confirmed that the update v19.10 will release on the 18th. It seems like Tilted will return exactly how it appeared when it was first added to the game, but we’ll need to wait until tomorrow for confirmation, according to Fortnite Insider.

Submitted by Alistair Prescott on, Jan/17/2022

Custom Bookie Websites: Get Yours for Free

You do not have to go back all that far to remember the days when a sports bookmaker conducted the majority of their business with a pen and a pad of paper.

Submitted by Matt Skinner on, Jan/17/2022

Binance CEO Changpeng Zhao Has Amassed Biggest Crypto Fortune on the Planet: Began With a Poker Game

With $96 billion, Binance CEO Changpeng Zhao ranks among the richest men in the world, and that figure does not even include Zhao's massive crypto fortune, considered the largest on the planet. 

Submitted by Ace King on, Jan/16/2022

$1.2 Billion Bet in December With New Jersey Sportsbooks: Revenues Way Down Though

$1.2 Billion Bet in December With New Jersey Sportsbooks: Revenues Way Down Though

A whopping $1.2 billion was wagered on sports in New Jersey during the month of December.  The books won $59.0 million in the month.

Submitted by Aaron Goldstein on, Jan/16/2022

Is The Caesars Sportsbook App Available in Massachusetts

is The Caesars Sportsbook App Available in Massachusetts

You've seen the ads, but are they legal?  Caesars Sportsbook is not yet available in the great state of Massachusetts.  Alternatives do include SportsBetting.ag, which is one of the oldest established online sportsbooks catering to North America since 1997. 

Submitted by Ean Lamb on, Jan/15/2022

How Much Money Do I Need to Start an Online Sportsbook?

In this tutorial we learn how much money is required to run a sportsbook based on the number of players and the maximum amount wagered on average.   We provide specific numbers that can be applied to your own business plan.

Submitted by Aaron Goldstein on, Jan/15/2022

Breaking News

Sports Gambling Tax Hiked in Louisiana

Louisiana legislators have approved a plan to give most college athletic programs in Louisiana nearly $2 million in state tax revenue annually.  Care to guess where that money will be coming from?

White Sox Suddenly Getting Kind of Hot

Don't look now but the Chicago White Sox are on a roll.  Winners of four of their last five, Chicago is looking to sweep the Kansas City Royals at home on Sunday.