The sports betting industry has been on the rise for the past decade increasing at a rate of 8.62% CAGR. In addition, gambling experts agree that sports betting revenue will double by 2024 to $1.2 billion. This has led to an increase in sportsbook operations with several opting to use the Bookie Pay Per Head Solution. Thus, we answer the questions as to What is a Bookie Pay Per Head.
In essence, a Bookie Pay Per Head is just what it sounds like. It is a Bookie or sports betting service where the bookie gets charged by the number of player he has.
Thus a Pay Per Head or PPH Service basically provides bookies with a sports betting software and website that a bookie can use for their own sportsbook.
Today, some of the top online sportsbook actually use a Sportsbook Pay Per Head service to manage their players.
How Does a Bookie Pay Per Head Work?
A Bookie Pay Per Head works by providing bookies all of the tools necessary to run a sports betting operation. This includes the sports betting software, technical support, customer service for players and more. In addition, the best Bookie Pay Per Head provider will offer more than just sports betting options. They will also offer a casino, live casino, racebook and live betting options.
In exchange, the bookie will pay the PPH provider a small weekly fee for each player that uses the service. The Price Per Player will vary depending on the provider but bookies can expect to pay between $5-$25 per player.
However, keep in mind that you get what you pay for. This is because a more expensive PPH provider does not mean it is better. Nor does it mean that a cheaper price per player mean it is a better service.
One of the best PPH providers in the gambling industry is PricePerPlayer.com. This is because they give you the full package without additional or hidden costs for only $5 per player.