Start a Basketball Betting Business

By now, we all know that starting a sportsbook can be a very lucrative endeavor. If not, there would not be so many sportsbooks opening every year and the competition would not be so fierce. However, not everyone wants to won a full sportsbook. Instead, many bookies are seasonal and choose to specialize in a specific sport. Thus, this bookie tutorial will go into how to Start a Basketball Betting business and the best method for it.

While most people think that being a bookie is a full-time job, that is not the case for all bookmakers. In fact, many individuals choose to become a part-time bookie during a specific sports season. For example, during the NCAA Basketball tournament, many people will become a bookie to take their friends’ action. Furthermore, the regular NBA season is about 6 months with each team playing 82 games. Therefore, there is still a lot of money to be made from basketball betting season alone!

Before we begin let’s talk a bit more about why becoming a basketball bookie may be for you.

>> Click here If you already know you want to Open a Basketball Sportsbook

Table of Contents

Why Become a Basketball Bookie

Some naysayers may argue that being a bookie for only 6 months is not worth the hassle. However, that is far from the truth thanks to the bookie pay per head solution! This is because with a Pay Per Head, anyone can start a basketball bookie business in a matter of minutes!

In the U.S., NBA basketball is the second most popular sport to bet with 54% of gamblers betting on it. (NFL is first with 81% of bettors betting on it). In addition, 50% of NBA fans bet on basketball on a weekly basis while 16% of college basketball fans bet on it every week.

If you include March Madness to the mix, the numbers become even crazier. Last year, over 69 million Americans were gambling on March Madness. Out of those, 31 million of them were betting on basketball in a sportsbook. Another 21.5 million of them were betting with friends (that could be you!) and the rest were in a bracket contest. In total, gambling analysts believe there was around $15,5 billion in in wagers for March Madness.

On an international basis, basketball is also very popular thanks to the many basketball leagues around the world. This includes FIBA (International Basketball Federation), the KBL (Korean Basketball League), the Euro League and many more.

And that is just from people that currently bet on basketball. There 2.2 billion basketball fans around the world. If you can convert a tenth of a percentage of them, that is a lot of potential revenue!

How to Open a Basketball Betting Site with Pay Per Head Solution

First off, what is a Pay Per Head and how does it work? A Pay Per Head is a service that gives bookies access to a sportsbook software that their players can use. It is a subscription type service that charges them for active players that use the sportsbook on a weekly basis. The fee will usually range from $3 to $20 per player.

In exchange for the fee, a bookie will be able to everything a normal sportsbook can dot. This includes managing his players, set line, and give players a place to bet on sports online and more! The top Bookie PPH services will come with management tools and report to easily manage your players and business.

Thus, to start a basketball gambling business with a PPH, you just need to:

sign up for a Pay Per Head Account
Create your player accounts
Let them place their wager
And settle-up with them every week

Open a Basketball Betting Business with PricePerPlayer.com Today!

Why use PricePerPlayer.com to Open a Basketball Sportsbook

There are several bookie PPH services on the market. However, PricePerPlayer.com is the top choice amongst bookies that want a safe, solid and reliable sportsbook without the hassle. This is because for $5 or less per player, anyone can open a sportsbook in just a matter of minutes.

We have a 99.99% uptime ratio and our servers can handle thousands of wagers per minute. This means that your players will always be able to place their basketball wager. In addition, our servers are spread throughout the world and use top-of-the-line security features and encryption for complete security.