As an online bookie, one of the most common question you ask yourself is how do I increase profitability. It’s a great question and there are only two ways to do it. Grow Your Bookie Business or cut costs. However, the question afterwards is what are the best options and most affordable options for my online sportsbook?
This is an especially crucial question during the COVID-19 pandemic as bettors are more conservatives with their disposable income. In addition, it is a fact that local bookies are hurting at the moment. Even if sports are back, there is less to bet on and the wagers are smaller for the most part.
However, there is a silver lining. One fact to keep in mind is online betting has significantly grown because of the pandemic. Furthermore, even after it is over, gamblers will continue to wager online because of its convenience. Thus, the work you do now to increase your bookie profit margin will keep rewarding you for years to come.
Here is the solution in 10 words or less, use a Pay Per Head Bookie Service!
Grow Your Bookie Business with a Pay Per Head Provider
Cutting your Operational Cost
Smart and successful bookie businesses use a Pay Per Head Provider like PricePerPlayer.com. This is because it allows them to significantly cut their cost of operation while keeping a quality service. According to the latest gambling software reviews, PricePerPlayer.com has the best online sports betting software in the market.
In addition, we only charge $5 per active player. This means that you only have to pay for players that actually place bets.
Furthermore, PricePerPlayer.com offers players thousands of options to bet on. These include: sports betting, live betting, prop bets generator, online casino, live dealer casino and horse betting. Since we offer so many options, it will increase your betting handle as your players will wager more.
In terms of saving money, the $5 per player also includes a 24/7 customer service, gambling software and website update. Thus, you will always have the latest sports betting platform and a website with high conversions.
Our bookie business services will cut your cost of operation and provide the tools necessary high-quality gambling services.
Increase your Advertising
Once you use our Bookie Pay Per Head services, you will be able to spend more on advertising. While you may hesitate to spend money on advertising, it will eventually pay for itself and bring higher profits. This is because the more players you have the higher your betting handle.
However, advertising your sportsbook does not have to be expensive. This is because there are many methods that are free or very inexpensive you can use. These range from using social media strategies to a simple referral program.