A Bookie’s Guide to Parlays

A Bookie’s Guide to Parlays

Bookie Tutorials
In today's bookie tutorial, we will be giving you a quick and basic guide to parlays. A parlay bet, also known as an accumulator or combo bet, is a type of sports bet that combines multiple individual wagers into a single bet. In a parlay, the outcome of each individual bet is dependent on the other bets in the combination. All selections within the parlay must be correct for the bet to win. The risk is quite high in a parlay bet. This is because you need to win all selections. That is why Parlays have such a high payout, and is one of the most popular bets players make in a sportsbook. Your sportsbook pay per head software will be able to provide your players with parlays on practically…
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Miyu Kato Wins the French Open Mixed Doubles

Miyu Kato Wins the French Open Mixed Doubles

Sports News
Miyu Kato wins the French Open mixed doubles alongside Tim Puetz. But that is not what makes Niyu Kato a fixture in sports headlines lately. If you want to become a bookie, you need to keep an eye out for similar events. This is important to your sportsbook odds management. During the third round of the women's doubles tournament, Kato and her partner, Aldila Sutjiadi, faced disqualification. The incident occurred when Kato gently lobbed a ball she had picked up at the net towards a ballgirl positioned at the opposite end of the court. Unfortunately for both the ballgirl and Kato, the ball accidentally struck the former's chest. It hurt her enough to make her cry. The chair umpire issued her a warning. However, their opponents, Mari Bouzkova and Sorribes…
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New York Online Sports Betting Hits a Billion in April

New York Online Sports Betting Hits a Billion in April

Gambling News
If you want to open a sportsbook and want to know the earning potential of your business, you only need to look at online sportsbooks in New York. As one of the, if not the largest betting market in the country, state sportsbooks are capable of generating more than a billion in just a quarter of a year or less. In fact, New York online sports betting in the month of April alone hits a billion in handle. According to the latest report from the New York State Gaming Commission, sportsbooks took in $1.54 billion in wagers. This means that the state is one step closer to hitting also a billion in tax revenue from sports betting. The handle is actually lower than the $1.79 billion handle of March by…
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How to Get Players to Place More Bets in Your Sportsbook

How to Get Players to Place More Bets in Your Sportsbook

Bookie Tutorials
When you become a bookie, you will learn that there will be different ways of gaining more income for your sportsbook. One of those is to get your current players to place more bets in your sportsbook. How can you encourage them to do so? Before we begin, we also would like to explain that as a bookie, responsible gambling is something you should study after learning how to open a sportsbook. While you want your players to be more active in your sportsbook, you will also want to make sure that they are not spending more than they can afford to. Not only will it be bad for your sportsbook, but it could cause a lot of trouble for your players. That being said, bookies generally offer a wide…
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Erik Spoelstra Makes NBA History

Erik Spoelstra Makes NBA History

Sports News
Monday night was a good night for the Miami Heat, its fans, and sports bettors as they Heat won against the Utah Jazz 119-115 in Florida. When you get into the bookie business and will be in the process of opening a sportsbook, keeping track of the latest sports news, and sports stats are important. And not just with the score, such as that of the Heat and the Jazz. The coaching staff can be just as important, as they are the driving force behind each team you see in the league. And Erik Spoelstra makes NBA history as one of the best coaches in the league. The win that the Heat made was not just a popular win at many a sports betting software. It also marks head coach’s…
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Super Bowl Betting in New York Boosts Handle

Super Bowl Betting in New York Boosts Handle

Gambling News
Your betting software will likely not see as much wagering on a single game that it has with Super Bowl betting. As one of the most popular betting and sports event of the year, experts estimate billions of bets on football’s penultimate game. And if you are looking at the New York handle during the period, you will see just how big of a boost wagers for the game gave sportsbooks. You can do this yourself in your pay per head bookie software, even on a daily, weekly, and monthly basis. Knowing your betting handle and revenue can help you determine how successful your sportsbook is, and if you need to do anything to improve those numbers. For New York, the state’s sportsbooks saw $424.3 million in wagers for the…
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What is Line Movement in Sports Betting?

What is Line Movement in Sports Betting?

Bookie Tutorials
When you learn all about becoming a bookie, you will learn about line management, which is basically managing your sports betting lines. Or odds. If you are using bookie software, the odds are already available, and line movement happens based on the latest sports information. But as a bookie, line movement is necessary based on the action that you get in your sportsbook. Let’s talk about line movement in sports betting in our latest Easy Pay Per Head Blog tutorial. Line movement is when the odds on a bet moves or changes from the value that was initially posted. The opening line on a particular bet can change up until when the game begins. There are also a lot of reasons why these lines move. If you are wondering how…
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How to Earn More with the World Cup Final

How to Earn More with the World Cup Final

Bookie Tutorials
The FIFA World Cup is the most awaited event in soccer. It happens every four years. And now, we are at the cusp of the Finals, the most important match of the tournament. And it will be one of the most profitable events in your pay per head sportsbook. So let’s take a look at some ways you can earn more with the World Cup Final. If you still do not have your bookie business set up, you can learn how to open a sportsbook here. Because the betting on the upcoming match between Argentina and France will be very popular. France is the reigning champions of the World Cup, and its rare that a reigning champion team can make it far to the finals in the next season. On…
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Michigan Sports Betting Handle for October Shows Increase

Michigan Sports Betting Handle for October Shows Increase

Gambling News
In our pay per head blog, we always keep track of the trends in the sports betting industry. We take a closer look at each betting market and report on increases, or downward trends. During this time of the year, though, its safe to say that most, if not all reports that we will see will be an upward direction. The Michigan sports betting handle for October is one of those. The state records $504.3 in wagers for the month. This gives us a 32% increase from the September handle of $383.1 million. The increase in handle comes mostly from football betting, something that is very popular in the Motor state, and in every pay per head software provider in the country. Michigan Sports Betting Handle and Revenue We are…
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Sports Betting in Arizona: The Year That Was

Sports Betting in Arizona: The Year That Was

Gambling News
Sports betting in Arizona is roughly a year old now, having launched back in September 9, 2021. In the whole year, the state’s sportsbooks collected more than $5.4 billion in sports wagers. As a pay per head bookie, you know how much revenue that is for sportsbooks. Even the state was able to collect $21 million in fees. This is a very strong start for the local sports betting market. Even more, online sports betting takes up 99% of all of the wagers made in state. So if you want to own a pay per head sportsbook, the potential income is more than enough to get you started. And even if you are concerned about the startup costs, it won’t be for long. Aside from the pay per head fees…
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