We often get the question:
Credit Agent With An Offshore Sportsbook
In short, starting as a credit agent usually involves a person referring players to an offshore sportsbook and getting a cut out of their losses.
With this model the agent is not liable for their losses, but his profitability greatly decreases since he only gets a small percentage of the players’ losses.
Price Per Head Sports Betting Agent
Somewhat of the opposite occurs when you consider yourself ready to take things more seriously and aim bigger by starting to use a price per head service to actually become the bookie and take action directly from players.
The liability greatly increases. You now need to be in charge of collecting from the losers and paying out the winners every week (or according to the settle-up schedule established with your players). If you embrace crypto currencies and e-wallets you can make your life easier.
At the same time this allows you to increase your profit margins, as long as you had a good week. It's always recommended to have a strong bankroll to cover for at least a few weeks of "bad numbers" to keep your book afloat.
As a sports betting agent using a price per head service, you are able to limit the action per game in addition to the credit given to each player on a given week. (e.g.: "John" has $1000 per week to play, with a max wager amount of $300).
The flexibility and profile customization (max parlay limits, juice, markets offered, adjust lines, etc), is one of the major differences when compared to being a credit agent at an offshore sportsbook, where your options are limited to only refer players to them.
Click below for the full written and video post break down which show in detail the benefits and disadvantages of each of these Sports betting agent models:
https://www.pphservices.net/blog/sports-betting-agent-sites-credit-vs-pph-sports/
There are several differences (and similarities) between these two business models:
Credit Agent With An Offshore Sportsbook
In short, starting as a credit agent usually involves a person referring players to an offshore sportsbook and getting a cut out of their losses.
With this model the agent is not liable for their losses, but his profitability greatly decreases since he only gets a small percentage of the players’ losses.
Price Per Head Sports Betting Agent
Somewhat of the opposite occurs when you consider yourself ready to take things more seriously and aim bigger by starting to use a price per head service to actually become the bookie and take action directly from players.
The liability greatly increases. You now need to be in charge of collecting from the losers and paying out the winners every week (or according to the settle-up schedule established with your players). If you embrace crypto currencies and e-wallets you can make your life easier.
At the same time this allows you to increase your profit margins, as long as you had a good week. It's always recommended to have a strong bankroll to cover for at least a few weeks of "bad numbers" to keep your book afloat.
As a sports betting agent using a price per head service, you are able to limit the action per game in addition to the credit given to each player on a given week. (e.g.: "John" has $1000 per week to play, with a max wager amount of $300).
The flexibility and profile customization (max parlay limits, juice, markets offered, adjust lines, etc), is one of the major differences when compared to being a credit agent at an offshore sportsbook, where your options are limited to only refer players to them.
Click below for the full written and video post break down which show in detail the benefits and disadvantages of each of these Sports betting agent models:
https://www.pphservices.net/blog/sports-betting-agent-sites-credit-vs-pph-sports/
