The gaming industry is quite competitive, one of the key things to succeed is the ability to differentiate yourself as a bookie. By using a pay per head service that manages all of your clients seamlessly you will be in the right track to accomplishing just that.
Another thing you must do is offer a variety of betting options. Using both of these things together is obviously the best choice, but only if your pay per head service offers all of the betting choices that you want to give to your clients. Of course it is critical that a bookie understands the business, even if the pph service looks at the ins and outs of the day to day operation so that you can focus on bringing in more clients and keeping them.
Besides the basics side betting or point spread favoring a side, there are other types of wagers that really flavor things up for sports bettors.
Prop Bets
A prop bet is very different from some of the other bet options below in that it allows you to bet on certain aspects of a particular game that are not affected at all by the outcome of that game, and they can get pretty ridiculous as well. Some examples of prop bets include wagers on the length of the national anthem, the nature of the first score on the board and even which team will score first. These are limited only by the bettor’s imagination, and therefore can be extremely difficult to place odds against some of the more eccentric prop bets.
Parlays
A parlay is a very specific type of bet where you wager on the outcomes of multiple games at once. If any one part of your parlay doesn’t come to fruition, then the bet is lost. Most pay per head service’s will need to offer a parlay odds table for bettors to put down wagers on these types of bets, but they are extremely popular given the very sizable odds that you can get on larger, multi-team parlays.
Teasers/Pleasers
One of the most common complaints about gambling on certain games is the point spread. It doesn’t matter where it comes from, some people just don’t want to take the odds that you give them. For those clients, you can offer them a teaser or pleaser bet. A standard teaser bet allows a bettor to combine wagers on multiple games into a single bet, similar to a parlay. When they do this, they get a number of points that they can use to adjust the point spreads in their favor.
A pleaser bet is similar to a teaser in structure, but instead, the player gets points that they have to use to adjust the spreads against the teams that they are betting on. For example, if you created a pleaser with the Patriots at -6 and the Colts at +4, with 2 points on top, you would need to adjust the Patriots spread to -8 to use those points up, creating a lower probability bet. For that additional risk, you also get much better odds, giving pleaser bets earns a reputation as a ‘daredevil’ offering. Try our superior Pay Per Head Sportsbook? Sign Up Today and Get 2 Weeks Free.
