Monthly Archives: July 2020

Top Ways Bookies Make Money In Sports Betting

As a sports bettor, how you can money is simple–bet and hope for the best that you win. If you make a good bet, then you might very well win. If you make a bad bet, expect to lose. However, it is not as simple as that for a bookie.

While reading online sports betting site reviews through sites like Efirbet.com is a good practice, it is also important to understand how bookmakers–the one facilitating your bets, work and make their money in this industry.

Here are the top ways a bookmaker makes their money in sports betting.

By charging the “vig”

The “vig”–also sometimes called as the vigorish or the “juice” is the standard amount that a bookie earns for every bet a bettor makes. By charging the vig, bookies are ensuring a profit for themselves no matter what the outcome of the game at hand would be.

Why do bookies need to charge a fee for players placing their bets? Think of a situation wherein the betting if for a coin toss–heads or tails. If there twenty bets on tails at $1 each, and also twenty bets on heads at $1 each, then the bookie would have $40 at the end of the betting period. If the coin toss ends up as tails, the bookie would have to pay everyone who bet on tails $40. In the same way, if tails indeed up being the winner, the bookie still pays $40 to the bettors. In this scenario, without a “vig,” the bookie is left without any profit at all.

Relying on player mistakes

Perhaps the simplest and the easiest way a bookmaker can make money out of sports betting is by relying on the players themselves. While there are serious bettors who have taken the time to educate themselves on all the things about sports betting and how it works, there are those who just go in and place their bets–as simple as that.

This kind of player behavior is one of the many things that bookies are always in the lookout for. If a player just goes in blindly and makes reckless bets, then the bookie will most likely end up being the one who will win. This is especially true for players who use their emotions in betting, rather than formulating a strategic bet–those who immediately place their bets on their favorite team or players, simply because they like them. Since they use their emotions more, they do not care about the odds or any other factors that could be taken into consideration in making a good bet.

When this happens, the player will lose his money due to the bad bet, and the bookie will be the one to take his full bet as earnings.

So, you want to be a bookie?

After realizing that bookmakers are the ones making the real money in the world of sports betting, perhaps you might be thinking: “can I become a bookie myself?”

The short answer is yes, you can. In fact, anyone can be a bookie if they wanted to. However, there are a lot of complex things you need to take into consideration before you can start a bookmaking business the right way and be able to run it to make money for you.

For starters, educate yourself more on everything there is to know about sports betting. Remember that as a bookie, you would be dealing with bettors. It is essential to understand, first of all, how a bettor thinks and behaves.

Lastly, make sure that you have enough money in your bankroll. While players are more likely to lose than win, you should be ready for the situation that someone would win big.

Being a bookie is a form of business and like with all businesses, it can make or break you–depending on how you play its game.

Top 4 Differences Between Virtual Sports And Real-life Sports

The world of virtual sports have been gaining more popularity recently. With most sporting events cancelled or postponed due to the pandemic, people from the sports betting community needed to find a way to keep the betting scene alive and going–and here is where virtual sports comes in.

To a person who is not familiar with the concept of virtual sports, you may find and read a 22bet professional review by Betenemy and still have no idea what it is and how it differs from real-life sports betting. To help you out, here are the top four differences between virtual sports and real-life sports.

Virtual sports brings an all-new experience

Far from being the simple fantasy computer sports game when it first started, virtual sports have greatly improved today. Not only it now features improved and sometimes even realistic graphics, virtual sports now feature in-game commentaries as well, giving it the “real life” vibe that it needs.

Availability

Real-life sporting events can take some time to happen, and they usually have a long gap in-between as well. While you may enjoy daily games now, there might be a long break after the season ends. It can be a month, three months, or a year.

On the other hand, virtual sports are running round-the-clock. Not only you can bet on games being played the entire day, but you can also find virtual sports games being played all-year-round. No season break, no hiatus of any kind.

Reliance on external factors

As much as a lot of people work hand-in-hand in order to make sure that a real-life sporting event goes smoothly and seamlessly, there are always external factors that end up affecting a game or an entire tournament or league.

Extreme weather conditions can affect the usability of a playing field, or the ability of players to go to the location of the game. Just recently, people all over the world were witnesses to how a virus was responsible for putting a stop to virtually the entire world of sports. It is only now that the industry is slowly opening up again.

However, this is something that will not happen in virtual sports. No pandemic can stop a game that only happens virtually. No flight cancellations can affect the presence of a player that only exists inside a computer program.

Regulation

It is worth mentioning that while sports betting is legal in a lot of countries and territories all over the world, it is not without any form of controversial activities. Yes, you are very unlikely to get scammed as a sports bettor, but there are other ways where you can lose your money in an unfair manner in sports betting.

For example, there are always talks and rumors of some games in sports being fixed and controlled by some people “on the higher-ups.” For a lot of times already, there are games that are accused of being rigged r fixed by powerful and influential people. Other times, it can be an entire league or championship that were speculated to being rigged. Sometimes, it can be the entire sport itself. However, these accusations and rumors are often left unproved by anyone.

Still, it is something that may pose a worry for sports bettors. After all, no one wants an unfair game where everything is rigged. Fortunately, this is something that does not happen in virtual sports. Since everything in virtual sports is computer-controlled, there is no room for people to rig or fix a certain match. As for fears for the game software itself being rigged, do remember that virtual games are also screen, regulated, and evaluated by the government and third-party regulating bodies for fairness and security.

Thus, one can say that in a betting perspective, virtual sports are better regulated and more secured that real-life sports.

Can Bookies Make a Great Living from Gambling Profits? | This is a Great Question and we have the Answers

How much money can a bookie make? This is a common question that we receive all of the time and the answer is easy. Bookies can earn six-figures if the business is managed correctly. There are ways to go about this gambling business that will earn you huge profits and it matters not what time of the year or if there is a pandemic going on!

· Get Online Immediately! There is only one way to earn consistent profits as a bookie, you must be open for business 24/7. You players want to gamble on their time, not on yours. They want to gamble at 3.00 AM, they want to gamble at all times of the day and night and you simply can’t be available to get their bets in 24/7. Now, you can be with the help of a fantastic pay per head.

· The pay per head industry has come along at the right place in time and they are helping local bookies to be competitive with the “big time” online sportsbooks. Don’t misunderstand. We are not asking you to compete with these folks. We are telling you to “compete for” your clients. What do we mean?

· Your clients have options all across the internet. They can sign up with any online bookie and be gambling in less than 10-minutes, any time of the day or night. This is a huge problem in your pursuit to keep your players loyal. Face the facts; your players are playing elsewhere when you are not available. They are finding ways to gamble when you are not taking phone calls. This is killing your profits.

· Gamblers are still gambling. Yes, we are doing our best to get through COVID-19, this entire mess has hurt the gaming industry, but it hasn’t killed it. Gamblers will always be gamblers and they want to gamble, and they will gamble if you offer them something, they think gives them a chance to win.

· The pay per head is the best avenue to get online. They are affordable (around $7-$10 per head, per week), not only are they affordable, they offer all of the best gaming options available. They are now offering a package deal that includes a state-of-the-art sportsbook, a Las Vegas-style casino, and a world-class racebook.

· You must have an online casino. There are no two ways around this. The great thing – the PPH offers you a casino at no additional charge. You will pay a set fee per head, per week for active players. You only pay one fee, one time, per week. Your client may play wherever they choose to play and as often as they like. They may place 300-sports wagers, they may play $1,000 per week in the casino, and they may place as many horse wagers as they choose. You pay the set fee one time per week for that player. If the fee is $7, you pay $7 once… for the entire week of your client's gaming.

· The PPH does everything for you. They set up your custom-built gaming site free of charge and they set the daily sports offerings along with options such as lotto, politics, and more. They set the daily side bets along with totals, prop bets, and futures bets. They set all of the daily lines and odds. You will never have to touch any of this unless you choose to do so. Remember, this is your gaming website, you have all of the controls at your fingertips. You can change the lines and odds at any time or simply not offer everything they are offering.

The PPH offers player management tools that will help you manage your player's activity as well as manage your money. Now you can earn big profits without all of the hassles that “street bookies” go through. Stop killing yourself and let the PPH do all of the legwork for you. This bookie job is supposed to be fun! It’s also supposed to earn you a fantastic living. You can be earning a six-figure income. Call the PPH today and ask for a free trial.

More Pay Per Head tips:
1. Real Bookies’ Mobile-Friendly Betting System
2. Real Bookies Player Management Options
3. Real Bookies Offers Real Time Betting Analytics
4. Build a Bookie Business Plan With Pay Per Head
5. Raise your Bookie IQ with PayPerHead Bookie Software Solutions

We Never Thought Times Likes this Would Come

Times are changing, we have to accept it, embrace it, and confront the change head-on. Bookies are in a battle to stay afloat amid the COVID crisis. Not all is lost! The fact of the matter is this; sports are making a slow comeback and before too long, they will all be back. What you must do right now, is to make the most of what your pay per head is offering. If you are not with a pay per head. Then now is the time to get on this horse and ride it! Here is why…

· E-Sports are huge, and they are winning! They have taken off like never before and bookies are making a killing right now. Find a pay per head and get online right now. You can’t afford to wait. Your clients are not accustomed to you having an online presence and one has to ask, how is this working out for you now? We know the answer; “not good”.

· The Casino: It’s a cash cow! It has always been a cash cow and it carries any bookie during difficult times. The sportsbook business is marginal even in the best of times. Players are smart nowadays and they know how to beat the bookie. They come loaded with information and they can find ways to beat you. They do this for a living and often, it can be devastating. This is why bookies don’t last too long. They realize that their clients are either beating them or staying close to them. The sportsbook caries razor-thin margins. The casino is the opposite. This is one example and a true example of how “the house always wins”. Players love to quote this, and we know it’s not true, however, we know it to true in the casino.

· It’s impossible to operate a casino as a local bookie. Unless you open an independent website. Starting a bookie website is not easy. You had better know what you are doing, and you had better have deep pockets. To start a website for bookies, you will need an expert in the field – you will need an expert in many fields. You will also need at least $5,000 to start with. Unless you are a programmer, know code, you are an experienced site builder, and you know the ends and outs of the bookie business on every level; it would be absurd to launch a website.

· Gamblers are gamblers and it matters not what you offer them to gamble on. If you build it (put it in front of them) they will come. Gamblers are at home right now and they want to gamble, Again, this is what they do. As a local bookie, you have nothing to offer them. What are they doing? They are looking elsewhere. They will look to you if you offer it. They are spending your profits in some other casino because that other casino offers them online access.

· The pay per head industry has been around for more than 20-year and they have perfected their craft. They offer a white glove, three-in-one service that comes loaded with a FREE, custom-built website. The website is state-of-the-art with all of the features that anybody would find on any online gambling site while conducting an organic Google search for “online sportsbooks”. Dial any of those bookmakers up right now and you will see what you can offer your clients.

· Now is the time to stop the bleeding and you can do this affordably. The best PPH providers are now offering a fantastic online sportsbook, a world-class racebook that features more than 75-tracks from North America and across the world, as well as a Las Vegas-style casino, that comes loaded with more than 100-games, all of the hottest slots, and live dealers. You can give Vegas to your clients in a day or two. This is all it takes to get started and have your players playing.

Call the PPH toady and expect to pay around $7-$10 per head, per week. You will be amazed at how your clients will love this and you! There is no excuse to not be earning big profits from gambling revenue, right now.

More Pay Per Head tips:
1. Real Bookies’ Mobile-Friendly Betting System
2. Real Bookies Player Management Options
3. Real Bookies Offers Real Time Betting Analytics
4. Build a Bookie Business Plan With Pay Per Head
5. Raise your Bookie IQ with PayPerHead Bookie Software Solutions

Longest Winning Streaks in Sports

All athletes yearn for great victories, but few have been part of the longest winning streaks in sport. Here we discover which teams managed such feats.

Behind each of these impressive achievements, there is a lot of hard work and dedication, to maintain a level of performance in the highest categories of sport and win continuously.

That’s why teams who keep perfect seasons and collect victories as these teams did are immediately turned into legends of their own right.

Here are some of the teams that have pulled off the seemingly impossible:

Invincible Arsenal

Starting in May 2003 the legendary football club Arsenal led by then manager Arsène Wenger won 49 consecutive matches and the English Premier League.

This perfect season earned that particular squad of Gunners the name ‘The Invincibles’.

The historic winning streak the team continues to be a national record and is remembered by fans of international football everywhere.

Those games from 7 May 2003 to 24 October 2004 are forever etched into the memory of Arsenal followers, as the club’s most impressive season ever.

The team outscored rivals with a combined 112-35 tally, with just draws 13.

It all came to an end, in a bit of controversy, as a penalty was called for Manchester United during a game in 2004.

An impressive streak for Arsenal, a lot for fans to be proud of, and just the kind of dream-like scenario for inplay soccer betting and supporters of any team.

UConn Women’s Basketball Dominance

A superb and legendary team, the UConn Women’s basketball program dominated its discipline with a run of 111 consecutive wins.

You may wonder, what 111 wins is to a team?

It’s four championships in a row, a legion of fans, and creating one of the strongest franchise’s ever and icon status for its coach Geno Auriemma.

All in all, the Huskies did not lose for 865 days, that’s more than two years, and accumulated the championship in the process as well.

Setting incredible high standards for anyone in the sport to try to emulate.

Golden State Go for Gold

The Golden State Warriors revolutionized the game with their style, they also had one of the greatest winning streaks ever.

After winning their last 4 regular-season games in the 2014-2015 season, they went on to win again in the NBA Finals, and not happy with just the championship, they followed up with 24 consecutive wins the next season.

This already iconic group of players dethroned Michael Jordan's Bulls record number of wins, and also had the record-breaking feats accumulated.

Golden State now proudly holds 6 NBA championships and some of the most valuable players in the game.

Kelly Slater rides the winner’s wave

Kelly Slater has been a dominating figure in surfing for over two decades, he has won 11 world titles, putting him light-years away from any other surfer in history.

The Florida native still lives in his hometown of Cocoa Beach and is understandably regarded as one of the greatest to ever compete.

There you have it, some of the longest winning streaks in sports to get you motivated to go after your own!