Last updated on June 7th, 2019 at 07:59 am
Everyone who has ever placed a sports wager has thought about opening their own sportsbook or bookie service. Heck, most bettors would love to have the glamour and lifestyle that comes from owning a sportsbook. However, opening a sports betting website is not an easy task nor is it cheap. In addition, finding the Best Sports Betting Software can easily make or break our company.
A sports betting software is expensive because easily cost around $250,000 and up. This is why you need to know exactly which is the best sports betting software before you buy one. No one wants to spend that kind of cash and later find a better one.
In addition, to be an independent sport betting operator you need the right tools to do the job. The right sportsbook software can often mean the difference between making a profit and taking a loss. This bookie tutorial will help you do just that by listing features the best sports betting software should have.
Features of the Best Sports Betting Software
In all honesty, most sports betting software are more or less the same. Thus, you can expect most gambling software to have the same player management features.
What makes them different is obviously the cost but also the features and their flexibility in integrating other gambling options. However, here are the minimum features of a betting software or platform you should have.
Having good sports betting odds is probably the most important part of your sports betting business. The right odd for a game at the right time can mean a higher profit margin. Not having the right line at the right time can mean losing your shirt.
Player Risk Management and reports
Player risk management is the ability to analyze players and act accordingly to maximize your profits. In addition, it also includes the ability to spot players that abuse the system or cheat. Thus, you want a sports betting software that has player risk management tools and reports.
Manage Your Player’s Wagers
You want software that can instantly give you all wagers being made on your website at all times. The wagering platform has to be able to give you such a report in real-time with full visibility. In addition, you want betting software that will let you filter data by specific sports and types of wagers.
What Gambling Features come with the software?
Today, a sportsbook must offer more than just sports betting in order to stay in business. With today’s technology, players expect more out of a sportsbook.
- Mobile Betting Platform
- Live Betting
- Live Dealer Casino
- Online Casino
- Racebook and so on
Thus, if they sports betting platform does not include these features or the ability to integrate them, don’t buy it.
PricePerPlayer.com is the Best Sports Betting Software Solutions
Now that you know what a good software should offer, it’s time to decide which is the best software for you. Without a doubt, you can’t go wrong by using PricePerPlayer.com because they are a Pay Per Head company.
Thus, you do not have buy a wagering software that has all of the necessary features to run a sportsbook. Instead, you get the best sports betting software for just $5 per active player every week.
In addition, you will not need to spend money on employees or infrastructure. This will get you everything you need to run a bookie operation from infrastructure to employees. And the best part is that it only costs $5 per player!