The tools that help bookies generate greater profits from March Madness
One of the most lucrative events for bookies is the March Madness. The largest college basketball tournament moves around $ 3 billion in bets each year, placed primarily in sportsbooks and online according to the American Gaming Association. The March Madness is a unique event in the world of betting since it is a full month where almost every day there are games, the bookies that have a good Pay Per Head provider that gives them access to the right tools are capable to capitalize all these games and generate an excellent profit for their business.
But what are the tools that help bookies generate greater profits from March Madness?
A broad catalog of betting lines
Bookies that want to capitalize on the college basketball party should think outside the traditional betting lines and incorporate prop bets into their offer. The prop bets are excellent to increase the income of a bookie since this type of bets appeals to a wider audience and not only to those interested in basketball games. For example, for this edition of the Final Four, some of the most popular prop bets that bookies should incorporate into their betting site include the number of times advertisers will mention the names of the legends Charles Barkley -300 and Magic Johnson + 240 during the games of their alma maters Auburn and Michigan State respectively. Another interesting prop bet is if Bruce Pearl will have his suit jacket/sports coat on -700 or off +475 at the conclusion of the game.
Not all props are strange and there are some related to what happens on the court. For the Texas Tech game against Michigan State, one of the most interesting prop bets is which team will score first 20+ points. Since both teams maintain an excellent record of easily reaching the first 20 points in their previous games. The betting line is in Texas Tech +105 Michigan State -125
Nowadays gamblers want to have full control of their bets and have the ability to bet at any time, even at the same time that the game is being developed. It is for this reason that the option of live betting is one of the most demanded by punters. Bookies that have a robust live betting platform that allows their bettors to place bets as the games are developed will obtain higher profits from events such as March Madness and mainly from the Final Four final, since 57% of Americans acknowledged that if a team they bet on was in the Final Four, those games would be more entertaining.
Wagerhome.com makes available to the bookies these and other essential tools to have a successful betting business. With more than 30 years in the betting industry, Wagerhome.com has established itself as one of the best Pay Per Head providers in the gambling world, thanks to the fact that it implements the latest technologies in the development of its betting software, which is unique in the industry because of how easy it is to use and adapt to the needs of each bookie.
Bookies can take advantage of the final phase of March Madness to test the services of Wagerhome.com using the free trial of 4 weeks they offer, in this way they will see first hand why Wagerhome.com is the best Pay Per Head partner that they can have.
Take the step towards to a more lucrative betting business, search on twitter for @wagerhome, call toll-free at # 1-800-728-8509 or send an email to email@example.com to join the team of the best Pay Per Head provider in the industry.
Read the next blog about 2019 Golf Master’s and it’s possible deals.