MOST FREQUENTLY ASKED QUESTIONS FOR ONLINE BOOKIES

NEW TO THE GAME?

If you're a novice, don't worry—we're here to support you every step of the way! Our suite of practical online tools and dedicated customer service will have you up and running in no time. Say goodbye to the learning curve and start raking in profits from day one.

 

WHO HAS THE POTENTIAL TO BECOME AN ONLINE BOOKIE?

Absolutely anyone with the drive can enter this profitable field. However, if you aim to become a successful bookie and maximize your earnings, there are certain steps you can take to increase your chances.

· Educate yourself on various sports. Expand your knowledge beyond the basics and delve into international sports as well.p>

· Many bookies start as bettors themselves, so it's beneficial to have a fundamental understanding of sports betting.

· Familiarize yourself with the gaming industry and the tools available to online bookies. Simply setting up shop and hoping for the best won't lead to success.

· Embrace networking and make connections. The more you engage with people, the broader your network will become, opening doors to more business opportunities.

 

WHAT DOES PAY PER HEAD MEAN?

The Pay Per Head system offered by Legends Pay Per Head entails paying a modest weekly fee for each active user. This approach was designed to enable bookies of all levels of experience to remain competitive in the industry, regardless of whether they have 1 client or 1000. Typically, online bookies find that their players have preferences for certain sports over others. With pay per head, you avoid being saddled with overhead expenses once those sports seasons come to an end.

 

HOW CAN I TRACK CLIENT BETTING ACTIVITY?

Legends Pay Per Head provides you with comprehensive tools to monitor all aspects of your players' bets, histories, and account balances. Gone are the days of manual ticket writing and tallying totals with a calculator. Our software enables real-time updates of your clients' weekly figures and wagers as they occur. You can even opt to receive email alerts for bet notifications if you're occupied with other commitments.

 

HOW DO BOOKMAKERS ACQUIRE BETTING ODDS?

The simplest route is to enlist the services of Legends Pay Per Head! We meticulously track the leading sportsbooks worldwide and aggregate their data to establish an accurate line. Currently, the gaming industry largely synchronizes its betting odds across platforms. When a major sportsbook establishes or modifies a line, others tend to follow suit. This uniformity is beneficial at a broader scale and serves as a solid foundation for any online bookmaker.

Nevertheless, many newcomers might initially cater to a regional clientele and require a means to customize odds while minimizing imbalanced exposure. This is where Legends Pay Per Head's suite of analytical tools comes into play. These tools provide insights into games with substantial betting activity, empowering you to swiftly adjust odds as needed.

 

HOW DO ONLINE BOOKMAKERS ATTRACT CLIENTS?

Thanks to modern technology and the prevalence of social media platforms, acquiring bettors for your individual bookmaking venture has become simpler than ever. The array of apps available for outreach is limitless, enabling you to connect with potential clients effortlessly. Whether you're networking on social media during a round of golf or engaging with fans at the stadium during a live game, opportunities to attract sports bettors abound. After all, sports enthusiasts, much like yourself, are found everywhere and share common interests with bookmakers.

 

WHAT CAN I ANTICIPATE IN TERMS OF EARNINGS?

As with any entrepreneurial endeavor, your earnings are contingent upon the level of effort you invest. However, the positive aspect is that whether you choose to pursue this venture full-time or part-time, there's ample opportunity for you to carve out your own space in the industry.

 

CAN I SELECT WHICH SPORTS TO PROVIDE?

Certainly! While offering a diverse range of sports can attract more clients, you're not obligated to offer every sport or league to every client. Our proprietary software enables you to hide specific sports or leagues for any individual player as per your preference.

 

DO I REQUIRE AN OFFICE OR STAFF?

Legends Pay Per Head's operational structure allows you the flexibility to operate independently if you choose. We provide a dedicated team ready to respond to your inquiries via email, phone, or text, ensuring seamless management of your book. However, this doesn't preclude you from expanding and hiring personnel to assist in your operations. While we handle numerous tasks, there may be aspects where additional support can enhance your business. As for having an office, it's a personal decision for each online bookie. Many successfully manage their operations from the comfort of their homes.

 

WHAT SHOULD I ANTICIPATE IN TERMS OF MY WORK SCHEDULE?

Traditionally, this isn't your typical 9-to-5 job. The majority of your peak business hours will align with the schedule of sporting events, including weekends. However, it's essential to set boundaries. Sports betting operates around the clock, but it's not feasible for any individual to work incessantly. Defining specific periods for client interaction from the outset establishes clear boundaries. When both you and your bettors understand these parameters, it sets the stage for a mutually beneficial and enduring relationship.

 

WHAT DOES "VIG" MEAN?

The term "vig," colloquially known as "juice," is an abbreviation for vigorish, a fee applied to sports bets. This additional charge tilts the odds in favor of the house, ensuring a profit margin over time. Conventionally, the vig constitutes 10% of the wager, though this percentage can be customized to suit your preferences.

 

WHAT IS A STRAIGHT BET?

A straight bet represents the fundamental form of wagering, where a bettor selects a single market with the aim of predicting the outcome or covering the spread.

 

WHAT DOES COVERING THE POINT SPREAD MEAN?

Covering the point spread involves a method of handicapping used to even the playing field between teams of varying skill levels. In this scenario, the favored team must not only win the game but also exceed a predetermined number of points, termed the spread, to secure a win for the bet. Conversely, the underdog team either needs to win outright or lose by fewer points than the spread to cover and emerge victorious in the wager.

 

WHAT ARE MONEY LINE BETS?

Money line bets are a popular type of wager that eschews the use of handicaps or point spreads. Instead, these bets focus solely on predicting the outright winner of a game. When one team is significantly favored over the other, the money line reflects this by offering lower payouts for a winning bet on the favored team and higher payouts for the underdog. For instance:

An example of a money line could be:

New York Giants -350

Dallas Cowboys +290

In the United States, these odds are typically displayed in $100 increments. To win $100 on the Giants, a bettor would need to risk $350, while a $100 wager on the Cowboys could yield a return of $290.

 

WHAT IS A PARLAY?

A parlay involves combining multiple straight bets into a single wager, with the condition that all selections must win for the bet to be successful. Due to this added level of difficulty, parlay bets offer higher potential payouts, which often appeals to inexperienced bettors seeking larger returns. However, bookies should exercise caution when offering parlay options, as they are generally considered risky bets. While they may not be the wisest choice, there are instances where players strike lucky, potentially offsetting losses accumulated from straight bets over a week.

 

WHAT IS A TEASER BET?

A teaser bet is akin to a parlay, but with adjusted handicaps for each selection. When placing a teaser bet, the bettor makes standard spread picks but receives a predetermined number of points either subtracted (for the favorite) or added (for the underdog) to each selection. While teasers offer less difficulty compared to similar parlay bets, the payouts are also reduced accordingly. This type of wager is commonly utilized in sports where point spreads play a significant role, such as football and basketball.

TOP FEATURES OF LEGENDS PAY PER HEAD

In the rapidly evolving landscape of the gaming industry, online software is indispensable for bookies to keep pace with demands. Explore our premier tools and discover how to optimize your profits.

 

WHAT FEATURES SHOULD I PROMOTE?

In addition to boasting a cutting-edge online betting platform compatible with all devices, your service must prioritize lightning-fast response times. Nothing showcases innovation quite like VIP Live Wagering, catering to today's players who crave betting opportunities on major sporting events until the very last thrilling moment. While online apps handle client needs most of the time, never overlook the importance of traditional customer service. Having a 24/7 call center available ensures your business stands out from the crowd, with Legends Pay Per Head ready to field calls even at 4 am.

 

WHAT BOOKMAKER AGENT TOOLS CAN ENSURE MY SAFETY?

A reliable service will offer a range of features designed to keep you informed about sharp bettors and enable you to take necessary action. Here are some top tools to consider:

· Analytical computations that assess the potential return of a single bettor based on their betting patterns.

· Alerts for sharp bettors, whether through email notifications of large wagers or detecting players obtaining favorable odds on their selections.

· Bot-blocking technology to prevent clients from exploiting the system using web crawling software.

· Vigorish adjustment tools, allowing you to apply additional interest to players on a sport-by-sport basis.

 

WHY OPT FOR ONLINE MOBILE PAY PER HEAD SOFTWARE?

In essence, mobile applications can replicate the functions of numerous individuals. Rather than being constantly available around the clock, leverage the capabilities of our team at Legends Pay Per Head along with its suite of online bookie tools. Embracing modern software can significantly enhance overall business performance.

 

HOW ARE WAGERS PROCESSED AND BALANCES CALCULATED?

All the hard work happens securely within your platform services. From taking wagers, processing the scores, and adjusting each client’s balance, the precise account details are handled without you lifting a finger. Your only tasks are to set credit and bet limits.

 

DOES ONLINE BOOKMAKER SOFTWARE INCLUDE REPORTING FEATURES?

While most software providers offer online reporting, the quality can vary. The top services provide essential reports like weekly balances and pending bet listings, along with advanced analytical features that can uncover hidden weaknesses. It's crucial to ensure that your chosen software offers a robust set of reporting tools.

 

HOW ARE BETS HANDLED AND ACCOUNT BALANCES DETERMINED?

All the intricate processes occur securely within your platform's services. From receiving wagers to processing scores and updating each client's balance, every aspect of account management is efficiently managed without any manual intervention required from you. Your primary responsibilities involve setting credit and betting limits.

 

CAN THE ONLINE CASINO BOOST MY OPERATIONS?

Our round-the-clock casino offers your clients a discreet avenue to continue betting even after the day's main sporting events have concluded. Oftentimes, bettors seek a means to unwind after the excitement, and engaging in a few rounds of blackjack or craps provides the ideal balance of thrill and relaxation. Moreover, our digital casino serves as a valuable addition during the offseason of major sports, diversifying your offerings and keeping your clientele engaged year-round.

 

CAN I INCLUDE HORSE RACING WITHOUT PROVIDING TRACK ODDS?

Absolutely! In fact, Legends Pay Per Head typically establishes a capped payout system for prominent racetracks for its bookie partners. This ensures that you won't be caught off guard by unexpectedly large trifecta payouts when you access your dashboard. However, if your clients are serious horse bettors, offering track odds payouts might be necessary. Ultimately, the decision rests with you and your business preferences!

 

HOW CAN I ADJUST BETTING LINES?

Betting lines serve as the backbone of any sportsbook, including online platforms for bookies. Therefore, our agent backend offers several tools for line customization, crucial for optimizing profitability:

· Utilize our Line Mover chart for complete control. If you understand your clientele, you can anticipate their betting tendencies. Adjust local team odds to your preference and use the "follow" feature to ensure your lines stay in line with market movements while maintaining your desired difference.

· Take advantage of our Odds Adjustor, which automatically fine-tunes the vig for any chosen sport. You can even specify certain periods, like adding a 5% surcharge for second-half bets.

· Manage Money Lines by setting caps for money line odds in various sports. This feature proves invaluable when dealing with parlays, where bettors often aim for high-payout teams in search of a significant win.

 

IS A CUSTOMIZED WEBSITE AN OPTION?

Top-tier online bookie software typically offers a selection of website templates for prospective agents. However, for those seeking a more tailored solution, a personalized website can swiftly be created by seasoned developers, such as those at Legends Pay Per Head.

 

WHAT IS THE HOLD PERCENTAGE AND WHY IS IT SIGNIFICANT?

A significant aspect of a bookie's role involves delving into numbers and patterns to enhance profitability. Among the key metrics influencing actual earnings is the hold percentage. This percentage represents the amount won or lost relative to the total dollar amount wagered. While it might appear trivial, even a 3% return on the total volume can yield substantial profits, particularly over extended periods. With a small group of players, the bets can quickly accumulate to six figures within a single weekend. Holding a modest 3% could translate to several thousand dollars in earnings. When averaged over 52 weeks, it underscores the lucrative potential of this industry. The hold percentage serves as a straightforward indicator, indicating whether a bettor is generating profits or warrants termination from the roster.

 

CAN LEGENDS PAY PER HEAD FACILITATE THE TRANSITION OF MY PLAYERS?

Absolutely! We can assist in seamlessly transferring your entire player base, including subagent hierarchies, player logins/passwords, limits, and any pending wagers. While the duration of the process may vary, typically, you can be operational within a day. Your primary responsibility will be to inform your players about their new website. Reach out to us today to initiate the upgrade process for your bookie software!

 

IF I ENCOUNTER AN ISSUE AND REQUIRE ASSISTANCE, HOW CAN I CONTACT A CUSTOMER SERVICE REPRESENTATIVE?

Running an online bookie business around the clock inevitably entails the need for direct communication with our customer support team. We recognize that certain situations may necessitate a private discussion. Hence, we have established various contact channels to reach our team, including:

· Two prominent encrypted messaging applications

· Secure offshore email service

· Toll-free telephone hotline

With these diverse communication options at your disposal, prompt solutions are always within reach for any query or concern.

Delving into the Metrics

Maximizing your earnings from your efforts entails delving into the metrics that drive a prosperous business. This segment provides insights into achieving that goal and attracting fresh players.

 

What Can I Anticipate Paying for Online Bookie Software?

The prevalent pay-per-head model, where you pay a weekly fee for each active client, stands as the industry standard. However, pricing for such services can significantly differ from one pay-per-head provider to another, correlating with the quality of service offered. Most providers employ a pricing tier system, which adjusts your rate as your active client count increases.

Legends Pay Per Head adheres to this model. We offer competitive rates without compromising on essential features like our VIP Live Wagering or personalized customer service. When you engage with us, you'll gain access to all the tools necessary to compete at the highest level. Reach out today to receive a customized quote.

 

Are There Any Discounts or Rebates Available for Legends Pay Per Head’s Software?

New bookie agents can anticipate receiving a complimentary free week or two upon signing up. Additionally, long-term clients in good standing have the opportunity to take advantage of our rewards system, which offers exciting prizes or discounts on service fees.

 

What Are Some Effective Promotional Tools for My Players?

Our internal messaging system provides an excellent platform to inform players about upcoming events or promotions you wish to highlight. You can swiftly compose a message to all your clients, enabling them to capitalize on your offer. Additionally, Legends Pay Per Head features weekly banners showcasing major games on your home page. Whether you utilize one of our pre-built websites or opt for a custom design, our development team ensures your players stay informed.

 

How Can I Boost Player Engagement and Increase Wager Volume?

Encouraging your existing players to wager more is a proven strategy for long-term success. During winning streaks, it's essential to stimulate increased betting activity. Over time, outlier win percentages tend to normalize as more bets are placed. Offering a comprehensive selection of sports and leagues can enhance a player's interest, even if you're unfamiliar with certain sports yourself. Allowing for small betting limits keeps players engaged and committed.

Another effective approach is to provide incentives for losing players by offering free plays on a regular basis. Everyone appreciates receiving something for free, and it can help soften the blow after settling debts, providing a psychological boost to players.

 

How Can I Expand My Client Base?

Sports betting has shed its previous social stigma, broadening the potential pool of clients significantly. Your recruitment methods will largely depend on your lifestyle and personality. Opportunities for acquiring new clients abound, whether at social gatherings, sporting events, through professional connections, or via social media platforms (though the latter may require careful vetting).

You can also leverage your existing clients to help with recruitment. Offering incentives such as free plays and juice rebates can motivate clients to bring quality referrals to your platform.