Nevada Sportsbooks Enjoy Surge in Revenue This August

Nevada Sportsbooks Enjoy Surge in Revenue This August

Gambling News
In August, Nevada sportsbooks experienced a remarkable surge in profits. Again proving the state's long-lasting appeal as a hub for sports betting. The Nevada Gaming Control Board reported a substantial 38.9% year-over-year increase in profits for sports betting operators, with monthly revenue reaching an impressive $25 million. This financial windfall was generated from a total betting handle of $455.5 million, representing a 5.8% increase compared to the same period in the previous year. The profitability of Nevada's sportsbooks was further emphasized by an improved hold percentage of 5.5%, up from 4.2% in August 2023. This increase in hold rate indicates that operators were more efficient in retaining a larger portion of the money wagered, contributing significantly to their bottom line. Normally, it would be preferable to see the win rate…
Read More
Champions League Schedule

Champions League Schedule

Sports News
The UEFA Champions League has always been one of the most exciting soccer tournaments to watch. And for this 2024-25 season, things will be even more exciting as the league implements a new format. Find out what the new format is, get the final Champions League schedule, and get the latest sportsbook recommendations from experts. With these three, you will have what you need to win big on soccer betting. Before we give you the final schedule and some exciting matchups to look out for, let’s talk about the new format for the Champions League. This won’t be too hard for fans and bettors to understand as the update is just in one stage. The rest of the season will remain as it was. Champions League New Format The new…
Read More
Regulators: Massachusetts Sports Betting Market is Successful

Regulators: Massachusetts Sports Betting Market is Successful

Gambling News
The Massachusetts Gaming Commission (MGC) is very happy with the numbers of the Massachusetts sports betting market. Sports betting in the state is very new, having only going live in early 2023. Both retail and online sports betting are legal in the state. Even with retail gambling being popular, the use of gambling software still remains to be the more popular option. We will look into the details of the local sports betting market in our latest report. The state regulator looks back at the first full year of operations of sports betting in the state. More importantly, they are looking at the benefits that the state is enjoying from tax revenue set on wagering. According to the MGC, sports betting in the state has significant economic impact. They measure…
Read More
Managing Player Payouts in Your Sportsbook

Managing Player Payouts in Your Sportsbook

Bookie Tutorials
As a bookie, one of the more labor-intensive tasks that you will have is managing player payouts in your sportsbook. First, you have to make sure that the amounts are all accurate. And two, you need to be sure about when and how you will release the winnings to your players. Since the sportsbook is yours, you have total control over when and how you release your payouts. Of course, you will need to take into account the preferences of your players. And you will also need to make sure that you are using the best tools to help you process payouts smoothly. Managing Player Payouts in Your Sportsbook The number one unspoken rule in sportsbooks is to always release your payouts when you say that you will. If you…
Read More
2024 Eastern Conference Finals: Pacers vs Celtics Game 3 Preview

2024 Eastern Conference Finals: Pacers vs Celtics Game 3 Preview

Sports News
NBA betting is heating up as we are getting closer to the NBA Finals. A lot of people are now wondering how to be an NBA bookie because the demand for sports betting options has increased a lot this year. And one of the most bet on games would be the conference finals series where bettors place wagers on each game, as well as the series outcome. With that much at stake, we’ll help you keep track of the latest NBA updates. And today we have the Eastern Conference finals in focus with our Pacers vs Celtics Game 3 preview. The Boston Celtics are favored to win the 2024 NBA Finals, so there really are a lot of people watching their games closely, and betting on them as well. They…
Read More
NHL Playoffs: First Weekend of the Postseason

NHL Playoffs: First Weekend of the Postseason

Sports News
The NHL regular season officially ends this week, and now we enter a more exciting stage in the league: the NHL Playoffs. Expect to read a lot about the teams who want to win the Stanley Cup featured in this pay per head blog, as hockey can be a very lucrative sport to have in your bookie operation. For the first weekend of the playoffs, we are off to a good start with some pretty exciting games. The first set of Easter Conference games will start Saturday, with the second set on Sunday. Meanwhile, Western Conference series’ will open on Sunday and Monday. That gives you plenty of time to become a hockey bookie and earn from NHL betting. NHL Playoffs: The Opening Games of Each Series To give you…
Read More
How to Become a Baseball Bookie

How to Become a Baseball Bookie

Bookie Tutorials
When you want to earn money from a work-from-home setup, or you want to work remotely, becoming a bookie is one of the best options you have. When you open a baseball sportsbook, for example, you stand to earn a lot from the Major League Baseball (MLB) alone. And the thing about this industry, is it is very easy to join- and with the perfect bookie pay per head service, very affordable too. Today, we will explain how to become a baseball bookie. Reasons to Become a Baseball Bookie Of course, one of the main reasons to be a baseball bookie, is because of the potential to earn a lot from baseball betting. In the MLB alone, the 30 teams comprising the league play a 162-game schedule. Then, you also…
Read More
Governor is Supportive of Sports Betting in Minnesota

Governor is Supportive of Sports Betting in Minnesota

Gambling News
Trying to legalize sports betting in Minnesota has been a task the state legislature has been taking on for years. And for many reasons, no bill seems to pass through both chambers. It has gotten to the point where industry insiders were wondering if this will happen at all. But those waiting for the latest gambling news on the state will be happy to hear that if the Governor gets the bill on his desk, he will be signing it. Minnesota Governor Tim Walz is ready to sign a bill that will legalize sports betting in the state-assuming the House and the Senate could agree on one, and vote for it to pass. Whether it be for retail sports betting or through sports betting software, it would be good for…
Read More
How to Tell if You are Using the Best Pay Per Head Software

How to Tell if You are Using the Best Pay Per Head Software

Bookie Tutorials
When you decide to become a bookie, choosing the best pay per head software is a key component to having a successful sportsbook. Each pay per head provider will offer a variety of services at different price points. Some may look simple but with more features, and some will be expensive and flashy but bare. With all of these providers, we have a handy guide on how to tell if you are using the best bookie software. The first factor to look at is its features and functionality. You need to ensure that the bookie software offers a comprehensive set of features, including live betting, mobile compatibility, customizable reports, and a user-friendly interface. Then, you also need to check if it supports a wide range of sports and betting options…
Read More
NBA Christmas Schedule and Preview

NBA Christmas Schedule and Preview

Sports News
It can be quite hard to keep track of the most exciting sports events that people bet on. Good thing our pay per head blog is here to help keep you on track of these things. Today, we bring your our NBA Christmas schedule and preview, as these 5 games scheduled on Christmas Day will surely be popular in sportsbooks not just across the US, but around the world too. The NBA is unique because it is a US professional sports league but it enjoys an international audience and is also popular in sportsbooks everywhere. So, if you want to maintain your online sportsbook and ensure you have a good income, maximizing NBA betting should be your goal. NBA Christmas Schedule New York Knicks versus the Milwaukee Bucks. Game starts…
Read More