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…
Read More
A Bookie Guide to Betting Limits

A Bookie Guide to Betting Limits

Bookie Tutorials
Every bookie will have to deal with adjusting limits in sportsbooks. It is, after all, very crucial in player management and with managing your finances. As a pay per head bookie, your expenses will be lower than other bookies, but cannot afford to be too generous with limits without calculating the risks involved. Here is a short bookie guide to betting limits. Before we begin, let’s talk about what the betting limits are. When you go to the player profiles under your bookie software, you will see that there are two types of limits that you can give to your players: betting limits, and credit limits. Credit limits are basically how much credit you are willing to have each player owe you. Some bookies do not set high amounts, while…
Read More