You may have, from time to time, come across the term “life hacks.” But what does “Life Hacks for Bookies” mean?
No, within this context it doesn’t mean you are breaking into someone else’s computer. It means that you are doing something, through a certain practice or technique, that will allow you to perform a task easier and with a great deal more efficiency.
As such, you can consider the process of Price Per Head (or PPH) one of the greatest life hacks of all for a bookie.
That’s because not only does working through PPH include a host of different life hacks, it is also somewhat unique in that everything about it makes life easier for you. This is why it has increasingly become a popular way for the aspiring or existing bookie to be in business.
What are some of the ways it makes things easier?
- Setup is a snap. Everything is a turnkey process, so you are up and running within 15-20 minutes. There is no office to rent, no clerks to hire, no oddsmaking service to subscribe to. The website that you have created for your customers literally runs by itself.
- Management is at your fingertips. There is no need to search around or do complicated math to find out where you stand at anytime. All you have to do is click a button or two, and not only can you pull up your own personal position, along with your exposure in terms of which side you’ll “need” on any given event, but you can find the current status and history of all your customers. You can control the betting limits of your players as well, as well as the events they can wager on. Everything is easy.
- You have lots of products to offer. You can essentially offer any sport in the world that can be wagered on, as well as extras such as exotic wagers (parlays, teasers, reverses, etc.), props, in-game betting, and more. Beyond that, you will have the ability to offer pari-mutuels like horse racing, and a full casino. This makes it easier to hold on to customers, because they won’t have to look anywhere else but to you for their wagering action.
- You don’t need to set the odds yourself. The software comes with the odds on all sporting events built-in. You have the option to change them in any given situation if you so wish (another hack), but you don’t have to.
- You don’t need to talk to customers to service them. With Price Per Head, your customers simply log onto a website your provide, with a password that is unique to them. And you have the ability to offer another option to them – a call center in which you players can talk directly to trained representatives, which speak English and can handle any situation that arises. And the documentation is impeccable.
- You have more time to “sell.” What we mean by that is, since you are rid of all the headaches involved with managing an operation the “old-fashioned” way, with employees and a physical location, you’ve got more of a chance to do some networking and find players, which helps your business grow and grow.
- You don’t to shell out a lot of money. When you are operating with the benefit of Price Per Head, you are utilizing software that is state-of-the-art and offers you the opportunity to do everything easier, which, as we have emphasized, makes it the ideal “life hack.” But the fact that you don’t have to lay out a big fee to buy the software, or lease it, but simply pay a small fee for every player who actually places a wager with you (hence the term “per head”), then that is a hack within the hack, in and of itself.
And here’s another “hack” to talk about:
You can actually try all these things that make your life easier for no cost or obligation whatsoever, through a free trial. We are so confident that you’re going to love all the life hacks we make available to bookies that you’re going to stick around and let us help you make money well into the future. Let’s go!