How to Open a Racebook with a Bookie Pay Per Head

Learn How to Open a Racebook with a Bookie Pay Per Head Solution

The Popularity of Horse Racing

The billion-dollar industry has a massive international following, with fans all over the world watching their favorite horses compete in multiple tournaments. From the Kentucky Derby and the 3 major horse racing events all the way to the Royal Ascot, there are a lot of ways for fans to enjoy and earn from betting on horses.

And this is a phenomenon happening all around the world. From the United Kingdom to India, Australia to the US, there are multiple prestigious racetracks that are home to the most lucrative sports betting races.

As a bookie, its only apt that you grab the opportunity to earn from all of these wagers- and this is something you can easily do with a pay per head software.

With a pay per head software, you can create an online racebook, add players, and manage all of the action in one single site. And today, you can do this without having to spend an arm and a leg. Nor will you need to assemble a team or attend technical trainings.

In the past, you would need a few hundred thousands to buy or create your own racebook software. Then, you will need to spend more for its upkeep. With the constant innovations in the gambling industry, keeping up with the latest tech can be quite the expensive endeavor.

But today, you will only need a small fraction of that amount to create your own online racebook. With the right racebook software, such as ours in Price Per Player, you can get a full horse racing betting software on top of a full sportsbook and casino. The PricePerPlayer.com racebook platform will give you and your bettors access to all major horse tracks around the world.

Price Per Player uses the Pay Per Head Sportsbook Model for its fees. Here, instead of buying or creating a software, you are paying for access to ready-made racebook software. The good thing about this, is that you only pay for what your players use. The term “Pay Per Head” is literally how your fee is computed. Price Per Player offers bookies $7 per player for the whole gambling software suite. And the larger your operation, the lower the pay per head price becomes.

If you think this is too good a deal given the price, you do not need to worry. The cost of pay per head services has gone down over the years, but the quality of the software and service you will get was never compromised. You will still get access to top-notch tools to help you manage your own racebook.

What Bookies Get from a Pay Per Head Service

When you use our Price Per Player software to create your horse betting business, you will gain access to the following:

• Single-login horse racing platform
• Horse Racing Account management
• Information Management System
• Manual event creation and resulting
• Automated event creation and resulting

PricePerPlayer.com offers several different types of Horse Racing Bets with their Racebook Platform such as:

• Show
• Place
• Win
• Exacta
• Daily Double

Why Use a Pay Per Head Software to Manage a Racebook?

Why should you use a pay per head software to manage your horse racing website? There are quite a lot of benefits to using our pay per head software. But here are the main reasons why our bookies prefer to use the Price Per Player Bookie software for their racebooks.

A Variety of Racing Options

On any given day, you will get access to a large variety of races happening around the world. The software will display all of these events in an easy to read and organized visual to make it easy for your players to find the races they want to bet on.

Within each race are even more wagers that your players can bet on. This can give your players as much as over a hundred betting options on race days. Of course, the more wagers your players make, the better your profit margin will be.

A Low Overhead Cost

As mentioned earlier, the cost of using our betting software is $7 or less per player. Furthermore, bookies only get charged $7 per player only if a player places a wager that week. If your player does not place a bet in that week, then we will not charge you for it. And if your player places 10 wagers in a week, you will only get charged a one-time per week fee of $7 per head.

Furthermore, Price Per Player offers a transparent tier system for fees. If you expand your operations and add more players, we will reward you for certain milestones. For example, when you reach 100 active players in a week, your pay per head fee goes down even more. You get a better discount the more players you have. This gives you a lower overhead cost, which translates to higher profit margins.

A Complete Set of Racebook Management Tools

When you use our software, you are getting a complete set of tools that will help you manage all aspects of your operations. There are a lot of tools that are helpful in ensuring the smooth running operations of your online horse betting website, such as:

• Tracking Balances – This feature allows bookies to keep track and manage of all financial aspects of the sportsbook like player settlements and bonus management. No need to break your brain trying to compute for payouts when you can get it all in just a single click of a button.
• Reports, Metrics and KPI – Our Pay Per Head software can generate reports to measure your racebook’s Metrics and KPI. These reports are essential for a bookie to measure the health of your business.
• Player Management –Here, you can create accounts, set limits, as well as manage their access to certain gambling options. In most cases, the player management tools include player profiling, other important tools.
• Lines Management – This feature will allow you to create and edit their own betting odds as well as set odds on individual plays for bettors.

Opening a Racebook with PricePerPlayer.com only takes a few minutes with no deposit nor personal information necessary.  Once you have registered for a PricePerPlayer.com PPH account, you will immediately be able to access your racebook.

In just a matter of minutes you will be able create player accounts start taking horse racing bets right away.

Open an Online Racebook with PricePerPlayer.com for $7 or Less Per Player

Call us at 1-866-500-4934 or email us at [email protected] for more details