The betting industry is as old as time, and even without money, it is likely that our ancestors were prepared to hand over objects on the result of a hunt, game or battle. In more recent times, the necessity of being physically available to your customers is no longer at the heart of gambling, and rather than handing over their cash to you directly, the majority of gaming and gambling is now done online. When you have an online betting business, keeping track of bids that come in from all over the world is much harder, and in order to accept wagers, you will need to make use of software providing pay per head services that can be used by both you and your customer.
What Does Price-Per-Head Do?
The basic idea behind price-per head is that it allows you to open up your bookie services to a multitude of customers, giving you a much larger betting menu, complete with a wide range of options. Larger betting companies, who have been using this online system for years, have given customers a taste for this system, and in order to keep up you will have to be able to offer more, including football, soccer, basketball, ice hockey and even golf. An enormous variety of sports will come in to play, and you can extend that to include taking bids for poker games and bingo, too.
Better Access For Customers
Perhaps the most relevant thing that price-per-head services can offer is more access for the customers. You allow them to see real-time results, and to track their winnings or losses across a range of different sports. Some gambling customers enjoy building up an accumulator, which is bids on a series of games across a sport, with each successful bet joining others to increase the end pay out. You can show them the results of all their bids so far, including win and loss ratios, and risk of losing their accumulator. Your software will also allow them to cash out, meaning that they take their winnings from the site early, avoiding a significant loss.
Reduce Risk Of Loss
You can also benefit by significantly reducing your loss, as with a pay per head services software program, you don’t have to take so many of the bids. Instead, they are held elsewhere, and the money from the bids is paid out according to the success or failure of your gamblers. This gives you more security within your business, and also means that you can accept more money from bidders. After all, you aren’t holding on to it, so there is no need to fear being overwhelmed with payments. The system handles every part of the process with ease. If you are interested in finding suitable gambling software for your bookmaking business, then you need to start talking to IDSCA by contacting our team through our online messaging form, or by calling customer service directly at (866) 225-5437 today.