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March 12, 2018

Sportsbook Pay Per head Software Tutorial – Player Payment Transactions

Adding and withdrawing money from a players gambling account is fast and easy with the PricePerPlayer.com Sportsbook pay per head software. In this tutorial, we will go into Player Payment Transactions. This is where you will learn how to add, subtract and adjusts banking transactions in a player’s account.  In addition, you will learn how to add a Free Play to a player’s account.

*Remember that this is meant as a way to keep track of a player’s financial transactions and is by no mean actual banking software.

Introduction to the Player Payment Transactions Page

Player Payment Transactions

The “Player Payment” page is where all banking transactions for a player are entered into the system. To access this page go the “Player Management” page and then click on the “Pay” button. Once you click on the “Pay” button it will take you to the “Player Payment” page for the player associated with the button.

The Player Payment Transactions Page

The “Player Payment” page is where you will be able to add, subtract and make money adjustments to a player’s account.

Introduction to the Player Payment Page

Amount: The amount of money you want to add or subtract from a player’s account.

Method: The type of payment used to either receive or send money to a player.

Description: This is where you can add a description of the transaction. I.E. “Agent Payment”, “Player Payout” or “Bonus for Deposit”.

Reference: The reference section is mostly used as a way to keep track of the transaction that was made.

For example, if a Western Union payment was made, you could enter the date the payment was made as well as the Western Union MTCN number and name of sender and receiver.

Transaction Type: This will determine if the transaction for adding or subtracting money from the player’s account.

Types of Transaction Available

Type of transactions available
  • Adjustment – This goes in the same column as sports wins and losses. For example if I won $100 betting on Monday, and my agent does this type of adjustment for +$50 on the same day it’s going to show that I won $150 in sports.

An adjustment figure will appear in all reports.  These figures are used to calculate commissions and also in the case where there is an agent/distributor scheme. For example, we use this type of adjustment when an agent wants to put a late bet for one of his players, but the game is already over.

  • Accrual adjustment – Used to put money into a player’s accounts with a credit line. They go in as payments.
  • Disbursement – Use this type of transaction to make a withdrawal from cash accounts.
  • Receipt – Used for deposits in cash accounts
  • Horse adjustment – This transaction works like a regular adjustment but goes into the category of horses as opposed to sports. Both the adjustment and the horse adjustment go into the player’s win/loss.  An agent who wants to keep extreme detail how their players are losing/winning their money would want to use this type of transaction.
  • Free plays – This where free plays are set in a player’s account. In a free play, a player gets the win only if he wins the wager. If the player loses the bet, he does not get charged for the loss; he only losses the Free Play. Free plays are set by amounts. For example: a $100 free play. The player can choose to use it in multiple plays or all at once.

*All adjustments are used to directly take money in or out of a player’s or agent’s accounts. The only difference between different types of adjustments is how they are registered into the account.

How to add Money into a Player’s Account

How to add Money into a Player’s AccountStep 1. Log into your PricePerPlayer.com Account.

Step 2. Click on the top menu item called, “Edit Accounts” and from the drop down menu, click on “Player Management”.

Step 3. Click on the “Pay” button that corresponds to the player.

Step 4. Fill out the form and for the “Transaction Type use either “Receipt“.

Step 5. Click on the “Submit” Button and you are done.

 

How to make a Payout from a Player’s Account

How to Add a Payout from a Player’s Account

To create a transaction to show money was paid to a player and taken out of his account, a payout transaction is needed.

Step 1. First, log into your PricePerPlayer.com Account.

Step 2. Click on the top menu item called, “Edit Accounts” and from the drop down menu, click on “Player Management”.

Step 3. Click on the “Pay” button that corresponds to the player.

Step 4. Fill out the form and for the “Transaction Type use either “Disbursement“.

Step 5. The last part is to save the transaction by simply clicking on the “Submit” Button.

How to make an Adjustment to a Player’s Account

How to make an Adjustment to a Player’s AccountStep 1. The first step is to log into your PricePerPlayer.com Account.

Step 2. Click on the top menu item called, “Edit Accounts” and from the drop down menu, click on “Player Management”.

Step 3. Click on the “Pay” button that corresponds to the player.

Step 4. Fill out the form and for the “Transaction Type” one of these:  “Adjustment“, “Accrual Adjustment” or “Horse Adjustment“.

Step 5. The last step is to save the transaction by clicking on the “Submit” Button.

 

How to Add a Free Play to a Player’s Account

How to Add a Free Play to a Player’s Account

If you want to give your player a Bonus bet then a “Free Play” is the answer.  The “Free Play” will show up in their betting account and he will be able to use them all at once or in parts.

Step 1. First, log into your PricePerPlayer.com Account.

Step 2. Click on the top menu item called, “Edit Accounts” and from the drop down menu, click on “Player Management”.

Step 3. Click on the “Pay” button that corresponds to the player.

Step 4. Fill out the form and for the “Transaction Type” use  “Free Play“.

Step 5. The last but not least, save the transaction by simply clicking on the “Submit” Button.

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Want to learn more about using our Sportsbook Pay Per Head Service? Then read the rest of our Sportsbook software tutorial