Local and offshore bookies face different challenges. Some bettors like placing bets anonymously in foreign sportsbooks, while others like visiting nearby bookmakers. Even so, the increasing popularity of online betting has forced local bookie operators to devise new marketing strategies to attract more players.
Some of them have resulted in contracting pay per head companies. You can grow your local bookie in the following three ways.
Find Out What Gamblers Want
Bettors have different needs. Some people want to wager anytime and dread making calls whenever they want to place a wager. Besides, it can be irritating if each gambler calls you 24/7. You probably run your local bookie alone and need to spend time with your family at night.
Operators who manage all activities often get in a dilemma when their regular players want to bet at different times of the day, but they cannot be available to them throughout. Being open to your customers when they want to wager can significantly increase your revenue.
Some sports bettors want to wager on any available sport. Thus, you will lose many potential clients if you focus on major sports such as basketball and football only.
Other bettors want to wager on horses. Research shows that horseplayers often spend more money than bettors who bet on other sports. Besides, they tend to be loyal to racebooks which provide many betting options.
Even so, it is tricky to calculate horse wagers. You need to understand the odds well and dedicate a lot of time to studying races. Regular horseplayers know most odds and can calculate their potential payouts.
Find the Right Bettors
It isn't compulsory to have a physical workspace to start and run a local bookie. Also, you don't have to post and change odds manually daily. Checking each player's betting limit is laborious at times, as some of them want to continue betting despite exceeding their limits.
Getting a hand-free betting solution is helpful when starting a local bookmaker. Most likely, your family and friends will be your first clients. Spare some time to teach them how the betting software works.
You can attract the right bettors in the following ways:
● Word of mouth: at times, financial constraints can prevent you from making costly commercial adverts to promote your business. Also, you can be held up in a certain week and fail to get time to advertise your products.
The first few bettors that wager at your site can mention it while talking to other people. For example, one hundred gamblers can inform over a thousand people about your brand by word of mouth. But, this form of marketing requires patience and persistence.
● Referrals: if your bookie offers a bettor a thrilling betting experience, they are likely to refer their loved ones to your site. Build your reputation, and you will gradually broaden your clientele.
Contract a PPH Company
Price per head providers have boosted many local bookies as they provide high-end betting software. Most PPH companies charge between $7 and $13 per player every week.
They have high-quality sportsbooks, racebooks with over 70 racetracks, and casinos. Some pay per head companies' casinos resemble those found in Las Vegas. They have live dealers and over 100 online games such as slots.
Consider paying for a PPH service if you want to expand your local bookie. You will receive a customized website and extra betting features without paying an extra commission. Besides, your betting platform will be top-notch and attract bettors from other states.
Growing a local bookie isn't a walk in the park. You need to have discipline, patience, and understand your customers. Some bookmakers get more clients through referrals and word of mouth.
Learn more:
Expand Your Pay Per Head Bookie Business with Sub-Agents
Pay Per Head Offers Tools to Aid Player Collections
Professional Sportsbook Management Services Via Pay Per Head
How Realbookies Can Help You Set Up A White Label SportsBook
Keep Your Bookie Business in the Black with Pay Per Head