When most people think about investing, sports betting is not the first thing that comes to mind. Sports gambling is unpredictable and risky, much like the stock market or currency exchange markets, the biggest difference is that sports is available to a wider audience; the vast majority of people in the US enjoy watching sporting events, the same cannot be said about the stock market.
So, how you may ask is investing in sports betting a sound decision?
Simply put, the investment is in setting up your own sports betting company, the industry is one of the fastest growing markets worldwide and when managed properly the Return on Investment (ROI) is perceived almost immediately.
The question now remains, how to be a bookmaker, thankfully this is another simple and easy answer; sign up as an agent with www.AcePerHead.com, the leading pay per head service that will provide you a turnkey solution to all your bookmaking needs.
Pay Per Head 101
For those of you who have not heard of the term pay per head or price per head before, the simplest way to explain it is to say you are renting a sportsbook. By this I mean you and your players will have access to a 24/7 betting online platform, you can also make use of their state of the art contact center if need be.
Ace Per Head will provide you with all the expertise of running a sportsbook, and they will deal with all the service providers needed to run a successful book (software providers, line services, internet providers, etc.), they will also be responsible for hiring the line managers, clerks, IT engineers, and customer service reps.
This will not only save you tens of thousands of dollars a month, but it will streamline your business operation, by not having to deal with payroll, hiring, searching for, contracting and paying for service providers, you can dedicate your time to marketing your business and setting up a payment structure ( see how bitcoin keeps you anonymous) for your players.
If you are still not convinced becoming a bookmaker is for you, let me paint this scenario, if you were to invest in the stock market, receiving a 10% return annually is considered a good investment. If you learn how to be a bookie and invest the same amount in your own business, you could be perceiving the same return bimonthly.
Let me illustrate this, professional gamblers, those people who make a living by finding and exploiting small edges in sports betting, do not win more than 55% of their bets, but, those people are a minority; the majority of gamblers are those who just enjoy having a little extra adrenaline flowing while they watch a game, and these people in the long run do not reach anywhere near the 55% winning, the average bettor will only win 48% of their bets. You will also need to factor in the juice that bookies charge on wins, for example, if a player bets $100 and loses he will lose $100, however, when the same player bets $100 and wins you will pay him $90.91 if you are dealing a 10-cent line. Considering this, a player must win about 52.4% of his bets just to break even.
I think by now you are starting to see how becoming a bookmaker is the best investment you could make, and how Ace Per Head is the perfect ally to get you top returns.