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U.S. Crackdown on Local Sportsbetting Leads to Higher Profits for Bookies

by admin on Saturday, August 4th, 2012

US Crackdown Leads to Profits for BookiesUnless you’ve been living in absolute exile for the past few years, you probably know that United States authorities have been severely cracking down on local bookmakers. They have made it so difficult to get away with running a bookmaking operation in the states and have inflicted such severe punishments on those who violate the laws that few people are able to continue doing business the old fashioned way. Those who do, constantly have to look over their shoulders and worry about getting into trouble. The good news, however, is that there is an alternative. By choosing an offshore PPH service, you can eliminate legal risks and still operate your sportsbook.

The reason that local bookies can get away with using an offshore price per head service is because these services make it so that all betting and gambling actually happens overseas. Costa Rica is a common home of such services, and it’s because in this area and in others like it, gambling and betting are legitimate and recognized, not something illegal that must be hidden away. Therefore, you’re not really doing anything wrong, and neither are your clients. So the risk of gambling disappears, and all you have to worry about is the fun and the profits!

Though most local bookies are initially forced to make the switch to an offshore pay per head service, they usually end up enjoying it greatly! These services do make things a lot simpler than the traditional way of doing things. The service will take care of writing all of your clients’ bets and, furthermore, will provide you with detailed reports on those bets, the players who placed them, and on wins and losses. These reports can really come in handy when you’re making important decisions about which clients to keep and which to let loose.

Furthermore, these services tend to offer much more to clients than the typical bookie can on his or her own. As an agent with one of these services, you can offer a wide range of sports betting options instead of just focusing on one or two sports. You can also give your players the opportunity to take their chances in a Vegas style casino. There are even options to have your clients bet on events like the Olympics, reality television show outcomes, awards shows, and more! All of this equals more money in your pocket.

 

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