Would you love to be a bookie? If you love sports, numbers, and the opportunity to make a lot of money, then you're in the right place.
Becoming a bookie might seem like a long and difficult road with the need for huge investment, but it doesn't need to be as hard as you may think.
For a simple but informative guide on how to become a bookie, read on and get started on your journey today.
What Is a Bookie?
Bookie is short for "bookmaker," someone who takes bets, calculates odds, and distributes winnings. Bookmaking goes back to Roman times when people would place bets on the outcome of gladiator matches.
Bookmaking has changed and grown through the generations and is now a multi-billion dollar industry very much ingrained in many world cultures, particularly in the western world.
Can Anyone Become a Bookie?
While yes, anyone can in theory become a bookie, there are certain characteristics that will benefit an aspiring bookmaker.
The most important characteristics are that you are good with numbers, and you have a healthy relationship with risk. If you've ever been addicted to gambling, or not known when to quit, then bookmaking might not be for you.
How to Become a Bookie
If you feel that your personality fits the bill, and you have the passion and desire to make a go of it, you might wonder: how do bookies make money?
Once you've established a good knowledge base through research conversations with other bookmakers, you're ready to get started.
Find People to Play
You'll never make any money from bookmaking if you don't get a good number of people actually placing bets through your business.
Start with friends, especially friends who you know already gamble. People will tend to be happy to support your new venture, especially if it's money they were going to be spending anyway.
From there, word of mouth is your greatest asset. While punters winning costs you money, they are far more likely to post online about their big win. This gives you free publicity and could bring more players in.
Find a Good Platform
With the internet pretty much taking over the bookmaking industry through the 2000s, lots of options for aspiring bookmakers have become available when they're looking for software.
Pay Per Head Software does most of the work for you. You pay a flat fee for each client but you will usually be provided with a customizable website, as well as loads of tools to help make the experience for your clients easy, smooth, and enjoyable.
Go for It
Once you've done your research, established which bet placing platform you'll use, and have a client base, there's nothing to it but to do it! You'll be an official bookie!
You Bet You Can Be a Bookie
Making the decision to get started is often the hardest step in life. You have to bet on yourself and then start winning. Now that you know how to become a bookie, you can do the necessary research into getting your betting business up and running.
Check out more of our blog to get some more ideas for businesses you can start and win big. We bet you'll find some helpful articles that will help your business hit the jackpot!
