Having success in sports betting is more than picking sides or looking for favorites. Why taking the risks when you can play with other risks? Becoming a bookie has good benefits when you are tired of losing bets or you are looking for a new business model. Remember that becoming a bookie is about always staying on the opposite side of your clients and that’s not bad at all. To achieve business success, use our advanced bookie software that allows you to control and report actions. Follow the next five steps and let us help you in becoming a bookie.
Talk to all your friends that might be interested in placing wagers for sports betting. Look for the main condition first which is sharing a sports fan passion. As soon as you have a candidate close cheering for a team you have a prospect, as soon as you talk to them about earning some extra money you will have a lead and as soon as they place a bet, you have a new client. This process needs to be in your bookie business mindset without skipping any stage, soon you will have a big list playing frequently.
Also, choose a productive communication channel according to your client’s need. For example, if you have a bettor over the 60’s, of course, you can’t send emails because communication will be hard. Digital stuff matters. If you have a bettor between 30’s and 50’s, send whatsapps or emails as it is perfect because most likely will be busy at work during business hours. During your first management actions ask directly which channel they feel more comfortable with. The best practice is to personalize the communication and keep them in the loop regarding their account.
Be patient with your client’s wagers. Probably they will start playing with favorites only, not taking risks and instead of trying to secure their business. Just remember that because of the juice you will always have a return by just setting up the house. You can also motivate your clients to take parleys or teasers for specific sports. If one team loses all the wager falls apart, although winning these bets could mean a big boost in numbers. Sometimes with only $10 you can get $200 in a four-pick parlay.
Pay always on time. The most likely thing that happens when your clients win a bet is to call you and request a cashout. Revert their need mentioning the odds for the next game on the same side they just selected. Another way to do that is by offering a similar line. It can work for underdog lines. In the end, what is very important is to follow your client’s instruction, respect their decisions and assure incredible customer service. Don’t forget that cashout is one of Wager Home’s feature in our bookie software.
Check and control your client’s figures. Once you see a client who is doing ok and notice they show wise skills; go and offer benefits, increase or decrease limits and set different criteria with these players. Is good to know if they have previous experiences in sports-betting to imagine their chances of winning. Be close to their lifetime wagers. if you see that a customer is placing the same bet a lot of times and the line is good, don’t hesitate to put a flag. With Wager Home’s bookie software you will avoid all chances of wrong lines.
Never let your customers place bets when the game has started. Tricky customers always place bets within the last minutes before moving the ball. Learning about last calls is important. Instead of that, offer them live betting which is adjusted to the time in the game and is perfectly managed by our bookie software. Remember to convince customers of using live betting and taking advantage of watching the game. Sometimes getting to know who is dominating the game and who has created more chances to score can give us insights when choosing a side.
Remember that you need an advanced tool to keep track of your business plan. Wager Home is the best bookie software with fantastic features as 24/7 support, server security, player platform, and amazing pricing plans. Follow our interesting blogs and predictions always.