When learning how to start a sportsbook, there will be a bit of a learning curve. But one of the common bookie mistakes, is not understanding a betting market that can give you a decent profit. Rugby, for instance, is alien to a lot of people. But to sports fans and sports betting fans, Rugby is crazy, fun, and very, very profitable. Especially the Rugby World Cup.
Your pay per head sportsbook will have the Rugby World Cup, as offering wagering options for the finals alone will be worth the time and money spent. This year, New Zealand remains the favorite to win the Rugby World Cup.
New Zealand as Rugby World Cup Favorite
The team is favored to win the Webb Ellis Cup, and with good reason. New Zealand has all three World Cup titles. They won the past two tournaments back in 2011 and 2015. In fact, some bookies have them 6/4 to get their third straight win.
But will the team be able to win easily? Despite being defending champions, the team has had its share of struggles this year. A lot of bookies won on the draws from their games against South Africa and Australia. Ireland skipped over them at the rankings, which means New Zealand is only number 2 in the world.
But New Zealand’s Rugby team has great ability to recover from tough spots, and they have enough experience working together to bounce back easily. New Zealand, which plays in Pool B, will go against South Africa on September 21, followed by a game against Canada on October 2. On March 7, they will face Namibia, then Italy on October 12. The quarter finals will be on October 19-20, so there are a lot of wagering opportunities a bookie can focus on for the biggest event in world Rugby.