Do you want to start a side business that involves two of your favorite pastimes – sports and betting? Then this article can help you decide whether you want to create your own sportsbook or not.
When you invest as much time as a sports fan does, getting updates on teams, discussing rosters, planning, injury reports, and watching the games, it would be nice to get a return on that investment. Some fans bet on the games in hopes that all their knowledge will equate to some extra money in the bank.
But most aren’t disciplined enough to become consistently good at betting to bring in regular cash. But there is another option. You can get on the other side of the bet and learn how to become a bookie and create your own sportsbook.
Create Your Own Sportsbook
Sports Bookies Got Nothing on You
If you’re someone who regularly bets on sports, you already have two of the three characteristics necessary to become a bookie:
- You’re knowledgeable about sports and keep up-to-date on all the latest information.
- Taking risks is more about excitement than stress for you. It doesn’t cause you a lot of sleepless nights.
What’s the third characteristic? It’s working well with numbers. Bookies need to be able to work with all kinds of calculations and bookkeeping regularly. You don’t shy away from number crunching and money management.
But with the introduction of online bookie software, you no longer have to be great with numbers. The software takes care of that for you. Now, any sports fan that likes to bet can become a bookie (see more about being a bookie here). They need to use pay per head software, which will take care of all the odds, figures, winnings calculations, and most of all, the bookmaker fees.
But you should be pretty successful at betting on sports. If you continuously lose when betting on sports, that might transfer over to being a bookie. Just because you can handle the risks doesn’t mean you’ll be successful at it.
First Steps to Create Your Sportsbook
Do a little research online to find the best pay per head software companies and compare them. Most will have the essential features you need like:
- Access to betting on most major sports leagues
- Access to casino betting
- Horse racing betting
- Standard bets like Moneyline, Against the Spread, and Totals (Over/Under)
- A payment system
How The Best Bookie Software Companies Stand Out
Look for premium features that help them stand out from the crowd.
- Do they have less popular sports leagues to bet on?
- Do they have live casino dealers?
- Do they have a sound payment system?
- Do the betting agents and players get their own websites?
- Can the agents customize their websites?
- Are there more advanced types of bets like props, parlays, and futures?
- Do the agents have complete control over changing the lines and limiting bets?
Once you’ve picked the pay per head company you want to work with, your biggest concern is bringing in customers. Through word of mouth, you should be able to bring in all your sports buddies and some of their other friends.
You can create your own sportsbook when you have at least a dozen players ready to go. But make sure to get everyone’s contact info so you can transfer them over to the software company.
Contact the company you want to roll with, and they’ll have you set up in no time. Get your buddies started and use the software’s online help or customer service to assist you when you get stuck. Once you’re comfortable working with the software and your players, start bringing in more people.
Network to Grow Your Customer Base
You can talk to people when you go out to watch sporting events at parties, bars, or the actual event. It will help if you have business cards to hand out with your website on them. Those players could be set up in minutes.
BossAction is the top pay per head sportsbook software on the internet. You get all the standard features and premium offerings that many other sportsbook software suppliers don’t have.
Check out BossAction’s free demos and get a feel for how a bookie business should run both from a player’s and agent’s perspective. If you want to take it up a notch, they can customize your bookie website to be unique to you.
Call us at 1-800-339-4108 to create your sportsbook and transfer your players over. Become a betboss. We can answer all your questions about customizing your website, our premium gaming services, premium props, or our current promotions.
If you join now, you’ll get 100% of your cash back for up to three months, depending on how many players you transfer over. That means you’ll get at least one month free. Call now to find out how much money you’ll be getting back!