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Are you interested in learning more about pay per head services and software?
The mainstream adoption of the internet changed sports betting forever. Decades ago, offshore shops only accepted bets by telephone through large call centers.
Once the industry started to become more widespread, local bookies started moving online to compete, but it was costly. Initially, local agents could only secure revenue share deals, which meant the agent had to split profits with the pay per head service.
This wasn’t ideal for agents and that’s when pay per head (PPH) grew in popularity.
Instead of being forced to split profits, agents were able to pay a per head weekly fee and that’s exactly the type of pay per head service we provide. Here are some benefits of our pay per head:
Flat Rate: We don’t have revenue share, commissions or hidden fees. Our price starts at a low rate of $10/head and that includes the complete package with no limitations.
Sportsbook Software: Our sportsbook software is secure, flexible and robust. It’s scalable and we’re ready to grow with you. The software is integrated with sports feeds (live odds), virtual games, live dealer games and a racebook for horses.
Full Control: We don’t hold your hand, if you want to change anything, you can. We give our clients full control of everything. Want to change the odds on a local team? Want to stop offering action on a certain sport/market? Customization is welcomed at our pay per head.
Unwavering Commitment: We’re committed to your success. We may not “hold your hand” if you want control, but our team is available 24/7 to help with anything.
How Does a Pay Per Head Agent Make Money?
When you’re just learning about pay per head services, you may not quite understand how agents make money. You don’t want to become a pph agent to lose money, do you?
Takes in fifty records of $100 on heads at +100 odds and fifty records of $100 on tails (+100). This agent has taken in $5000 on heads and $5000 on tails. However, this agent charged no vig (commission). If the coin lands on heads the agent will payout $10,000 and if the coin lands on tails the agent will payout $10,000, resulting in the agent breaking even.
Takes in fifty records of $100 on heads at -110 odds and fifty records of $100 on tails (-110). This agent charged a $.10 commission on each side of the wager. The agent took in $5000 on each side like agent #1. However, if the coin lands on heads or tails this agent will only payout $9545.50, therefore profiting $454.50 regardless of the result of the coin flip.
If you haven’t noticed, agents can guarantee a profit by charging a standard vig and then trying to balance the book. Realistically, not every market will be balanced. You’re going to incur some losses as a pay per head agent, but when exposure is too high, utilize a layoff book for balancing.
We hope you’ve learned some more about pay per head services.
If you’re ready to try out our world class sportsbook software, please contact us today and we’ll get you set-up with a four-week free trial to find out what you’ve been missing out on.