How to Become a Bookie - Setting Up Your Operation

March 19, 2011 - PRLog -- Now that your players are locked in, it is time to contact a company such as www.realpriceperhead.com to ensure that the new bookie business is set up properly. Companies like these are experts at teaching bookie entrepreneurs how to become and remain a successful bookie. Furthermore, this is probably the most cost effective solution in setting up a bookie business for long-term profitability.

When a bookie business is first starting out, they will need to have a call center, website, bonus programs, and the ability to be able to control their lines and monitor their player's action. When doing all of this on their own, it can literally cost them tens of thousands of dollars in programming. The benefit of using a pay per head company is that all of this is part of the fees that are charged. This is especially useful for a smaller bookie business, as it would take them years to get a return on their investment if they were to create everything from scratch.

Since a company like www.realpriceperhead.com is taking care of the programming, the bookie only needs to get their player accounts set up. In part one we talked about finding out what kind of action each player will have, now it is time to set their accounts up to reflect that action. It is important to create a weekly and game limit that both the bookie and player are comfortable. For instance, there is no need to allow a $100 player to have a five-dime limit and a max bet of a nickel. Someone like this should be more than happy to with a $1000 weekly limit and a $200 max bet. These limits can always be extended, but it is important for the bookie to protect themselves and their players from becoming overextended.

At this time, a bookie using pay per head bookie services will also have the option to allow their players casino and poker action. Again, since most major online betting sites have these features, using a pay per head service allows the bookie to be competitive in every way. In addition, it offers the bookie risk free ways of generating income from their players. When players play poker, the bookie gets a cut of the rake and is never at risk of losing their own money. This is a 100% risk-free venture for the bookie entrepreneur.
You will notice that we never mentioned the cost of the website, and there is a very good reason for this as it is the most attractive feature of using pay per head services. All clients are offered a free website with all of these features mentioned above. They can pick their design from templates and add their own touches to make it truly unique. The design will be the final touch on getting the business up and running and after that, it is only a matter of supplying the call center phone number, website URL, and log in information to the players. Once that is completed, the bookie business is ready to open!

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Real Price per Head features the most advanced sports data processing software for agents with more than 35 pph reports, including lines control, secure credit card processing, private rooms and live in-play wagering. www.realpriceperhead.com