Bookie.ag offers a comprehensive solution for sports bettors and bookmakers
Providing safest and reliable service for sports bettors and the offshore gaming industry since 1996. Bookie.ag offer complete betting solutions for Sportsbook, Live Betting Racebook, Live Casino Virtual Casino and pay per head bookmaker needs.
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We offer all of our players and agents quality lines, superior network stability and fast service. Find out for yourself, why more players and agents are switching to a more reliable bookie solution.
The solution is designed to offer an efficient and cost effective solution for bookies, making your operation simpler and hassle-free.
These services include website customization using your own domain name, site maintenance, risk management, report generation, customer service support, multiple sports, events and wager types and much more.
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Manage Your Risk with Pay Per Head Bookie Software
Sports betting is big business these days with private bookies taking in most of the handle in this multi-billion-dollar industry. Given the advances in operating systems and online sports betting software, partnering with a quality Pay Per Head site is the best way to get your own bookie business off the ground.
Betting on sports can create a very volatile business environment for any private bookie that does not have the financial means to handle the ‘up and down’ nature of this industry. While you do not have to be overly wealthy to successfully run and manage your own independent sportsbook, you do need to take certain steps to successfully manage the risk factors that do exist in booking bets.
The first step in the process is to accumulate enough liquid capital to more than cover the weekly action you take in. A bookie’s profit comes from the difference between the money paid out on winning bets and the money plus commission taken in on the losing bets. This is often referred to as your ‘hold percentage’. Your goal is to create a hold percentage that is as close as possible to the added percentage you charge (the juice) to book a bet.
In a perfect world, the wins and losses even out and you are left with that juice as your bottom-line profit. Sports betting can be far from perfect at times, but as long as you have the financial means to ride out the hot streaks, you will take in some decent money when your bettors go cold.
The best way to manage risk and increase your overall revenue is with the help of a quality Pay Per Head site. They have made the necessary investment into the right sports betting software solutions, so you do not have to. All you have to do is pay a low weekly fee for each of your active betting customers. Part of the software package allows you to closely track all the daily action coming in on an account by account basis. Through the use of specific credit and betting limits, you can create a personal profile for each of your customers that can go a long way towards managing your overall risk.
This profile is completely automated and continually updated to help you always stay way ahead of the curve at any given time. The last thing any private bookie wants is surprises that can end up having a negative impact on weekly cash flow and overall profits. With the proper limits in place as well as the ability to instantly move your own betting lines, your PPH service’s sports betting software is the ultimate business tool when it comes to managing risk.
Through backend access to this software, you will have a wide array of business reports at your disposal to help run the day-to-day operations. These reports are designed to generate the vital business analytics to build and grow your bookie business into a long-term profitable venture. The main reason why any private bookie fails is by taking their eye off the prize. Once you develop the proper system to monitor the daily, weekly and even monthly business flow, you will be able to quickly make the proper adjustments to protect your overall hold percentage and company profit.
One of the best things about running and managing your own independent sportsbook is the ability to pick and choose your sports betting cliental. The easiest way to minimize risk is by working with recreational bettors that are not looking to break the bank with high unit plays on every big game.