What’s a Per Head Sportsbook & how does it work?
The online betting sector is booming with sports betting leading the way. Right now, the global sports betting industry is worth more than $218 billion. This figure is set to increase in the coming years. New types of sports betting like fantasy sports and eSports are bringing a new generation of bettors to the sector. This provides ample opportunities for bookies to capitalize. Much of this growth comes from the online sector and clients using mobile phones. This, in turn, has led to an increase in demand for slick, user-friendly, online betting solutions just like a per head sportsbook.
Enter the per head sportsbook. More and more bookies are looking to the pay-per-head model to enable them to set up and manage effective online sports betting platforms. But what exactly is pay per head? How does it work? And how can you start your pay-per-head sportsbook?
What is ‘pay per head’?
In the sports betting world, sports bets and other kinds of odd-based bets are typically taken by bookies. These bookies set odds, collect wagers, and give payouts based on the outcome of the event. Instead of having to set up a whole online betting platform, create betting software, and design a sportsbook website, smaller bookies opt for the pay-per-head model.
For example, if an individual wants to start taking football bets and wants a digital presence, they would opt for a per head sportsbook. These services are provided by third parties like perhead.cr and offer them full-service for all their sportsbook needs.
We offer a per head sportsbook, and other per head betting services that provide bookies with a fully functional website and software that takes bets, processes them, and pays out winnings. This software can also generate reports, and comes with a team of fully trained staff, ready to help. Additionally, the software gives the bookie full oversight of all wagers taking place, the activity of sub-agents, and more than 30 custom betting reports.
The bookie then pays a fee “per head” for each bettor that uses the platform which is a fixed fee, agreed on with you, enabling you to stay on top of your outgoings.
Bookie software can handle all of your betting clients in a centralized, secure, and easily manageable way. It is also available via mobile, meaning bookies can manage their business, wherever they are as long as they have internet access.
How does the per head sportsbook software work?
The software is created by us. It includes a fully customizable, ready-to-go platform that is accessible via website or mobile. Integrated with your personalized branding, your clients simply open an account with you and access it via username and password.
From there, they can bet on whatever events or sports you are offering. Every step of the process is managed from within the software and you can manage every transaction and activity from your dashboard.
Their data is kept private and we ensure maximum security via encryption and a variety of up-to-date security measures.
You also have the option to add a per head casino into the mix as well. Free of charge to you, the casino follows the same template as your per head sportsbook, driving and encouraging additional revenue. There is also the option to integrate a live dealer casino as well, but this comes with additional fees.
Why should I consider it?
A per head sportsbook brings with it a wide range of benefits for the bookie. These include:
- Convenience: Pay per head is convenient as the software, website, and infrastructure come ready to go. Once you have your agreement with us, you can go live and start inviting your clients to place bets.
- Time-saving: By having an “out of the box” per head sportsbook solution, you can save time on getting up and running. You don’t need to wait for web designers, coders, game designers, and other individuals to complete their work. Instead, the solution is there and ready to go. Saving time means you can start taking bets sooner, therefore maximizing profits. PPH also means less time spent doing administrative tasks. Instead, the perhead.cr team will take care of it for you.
- Cost efficiency: A per head betting platform isn’t going to break the bank but it will save you money. It can save on admin, staff costs, man-hours, and give you access to other revenue streams, thus increasing profitability.
- Increased accuracy: Much of the bookie software system is automatic, therefore you significantly eliminate the risk of human error. This can save you money and the embarrassment of mistakes.
- Better customer service: As a bookie, it’s impossible to give 24/7 customer service, unless you hire a specialized team. This comes with a heavy price tag, but if you partner with perhead.cr we can just lend you ours! Our team is highly trained and experienced and will take care of your clients as if they were our own.
- Added benefits: Asides from our bookie software, we also offer per head casino, bookies website software, and mobile software. This gives you ample opportunity to be flexible and expand what you offer your clients. It also helps bring in additional revenue streams, which is always a positive!
How can I start using a per head sportsbook?
It couldn’t be easier to set up your per head sportsbook. As we have done most of the work for you, all you need to do is contact us. We will walk you through the onboarding, customization, and integration process, and help you launch your very own online sportsbook.
To find out more and to talk through your options, contact us today for an informal chat. We are waiting to help you take your sportsbook to the next level!
