Running a sports betting business can be quite challenging, especially if you are a novice. The potential for profits, long term at that, is attractive. However, the industry can be quite competitive. This means that you need to know how to effectively manage your sports betting business. To ensure long-term success, bookies have to adopt Read more about How to Effectively Manage Your Sports Betting Business[…]
Even though we have a slight dip in sports betting numbers from May to June, the performance of New Jersey Sportsbooks is still impressive when you look at the year-on-year numbers. It is also very remarkable that despite seeing less handle, sportsbooks still manage to take in higher revenue. This makes the market somehow immune Read more about New Jersey Sportsbooks See Jump in Annual Revenue[…]
Win rates are proving to be the secret to the success of the sports betting industry in Virginia. Looking at reports over the last few months, Virginia sportsbooks see a consistent increase in hold percentage from sportsbooks across the state. The hold percentage is very important because it is the easiest indicator that tells you Read more about Virginia Sportsbooks See Continuous Growth in Hold Percentage[…]
Before you start looking for the best software for sportsbooks, make sure to keep track of the latest news in betting markets. By knowing the trends and what is happening in the gambling industry, you can easily determine if your online sportsbook is performing as well as others are. One of the best markets to Read more about Pennsylvania Online Gambling Drives Increase in Market[…]
As a bookie, or any business owner, you need to know what your customers want. It will help you focus your promotions and your operations on the products that bring you the most activity and revenue. So when you are in sports betting, you need to know what your players like to bet on. With Read more about What are the Most Popular Betting Products in a Sportsbook?[…]
In the latest in sports betting news, Maryland sportsbooks see an increase in betting this May. According to the latest report from the Maryland Lottery and Gaming, sportsbooks in the state collected $320.2 million in wagers. This is 2.2% higher than the previous month, which is actually better than how other betting market across the Read more about Maryland Sportsbooks See an Increase in Betting This May[…]
Learning how to read sports betting data is important for bookies, as it can help you identify the status of your sportsbook. With your all in one pay per head service, you can generate reports that will tell you the handle, your revenue, and other relevant data. These can be used as indicators that will Read more about New York Sportsbooks Get Higher Revenue Despite Fewer Wagers[…]
When you are managing your very own business, looking at the performance of your operation matters. It is your primary way to finding out if your business is doing well. It can help you determine if you are spending too much on your operations. Or also indicate if you need to spend more on marketing Read more about Important Information in Your Sportsbook Report[…]
When you invest in the sports betting industry, you will have to learn about keeping track of market trends and how to interpret them. Normally, the trends are pretty direct- if you have a better handle, then more people were betting than the previous month. And that is good for business. Likewise, it also shows Read more about Sports Betting in New Hampshire This April Has Lower Handle, But Higher Revenue[…]
For the first time in six months, Illinois sportsbooks see a billion-dollar handle in March. According to the latest report from the Illinois Gaming Board, sports betting activities in the state amounts to $1.07 billion for March. This is a huge jump in handle from February’s $875.4 million, and similar to January’s handle. The handle Read more about Illinois Sportsbooks See a Billion Dollar Handle in March[…]