Why Pay Per Head Bookie Is Better Than Conventional Sportsbook
One of the best ways to choose a product or service is to compare them. For instance, when choosing a pay per head (PPH) service, you are advised to compare different sites to find the most ideal for your business.
Similarly, you must consider whether a PPH bookie is better than a conventional sportsbook, otherwise, you will remain with doubts.
This article explains why a pay per head bookie is better than a conventional sportsbook. Here are three reasons you should go for a PPH bookie.
Updated Betting Lines
Betting lines are core to a betting business. You need them for players to wager on. Also, these lines should be up-to-date and competitive.
Conventional sportsbooks have to hire oddsmakers to create and continually adjust betting lines. Oddsmakers work around the clock adjusting and readjusting odds until the match is over. You will need several oddsmakers to run your betting services efficiently.
Meanwhile, PPH bookies do not need to hire their own oddsmakers. Instead, the pay per head service provider has its team creating odds for all bookies. While this means that your bookie does not have a specific oddsmaker, you have the freedom to predetermine the minimum and maximum odds for various events.
Conventional sportsbooks spend a lot of money to pay oddsmakers. Meanwhile, this fee is covered under the PPH overhead fee.
Fair Operating Costs
Another reason a PPH bookie is better than conventional sportsbooks is the operating costs. Usually, a conventional sportsbook has to pay employees the same salary whether the company had a busy season or not. Moreover, running a traditional sportsbook is costly.
On the other hand, PPH bookies pay for the services they get. For instance, you can have 100 clients in your database. However, only 20 are active during a specific week.
Instead of paying an overhead fee for 100 clients, you will only pay for 20 active bettors. The overhead fee increases and decreases depending on the number of active clients.
Minimal Starting Cost
You need millions of dollars to start a traditional sportsbook. This is because you need money to pay for the operating license, design a sportsbook website, buy sportsbook software, and launch your betting business.
Meanwhile, you might not need any money to launch a pay per head bookie. For instance, A1PPH offers a trial period. Then, you will pay $7 or less per player.
Becoming a PPH bookie is better than any other option. It is easier, cheaper, and more effective. Contact A1PPH to help you set up your bookie business.