Are you new to the business? Are you thinking about becoming a bookie and are riddled with questions about the ins and outs?
Don't worry ProBookies will help you solve these and any other questions. Our many online resources and multilingual 24/7 customer service are always at your disposal.
Feel free to contact us if your doubts are addressed in these frequently asked questions or our resources section. We're here to help!
Q: How do I become an online bookie?
A: Becoming a bookie is an excellent path to entrepreneurship and financial independence. Successful bookies share some common traits, which include:
- Being a self-driven entrepreneur with an aptitude for sales and relationship management skills.
- Having an understanding of sports in general and sports betting in particular.
- Willingness to learn. Reading and investigating on sports down to the last detail is one of the most important tools that will make you a successful bookie.
- Being tech-savvy and having a facility for numbers and accounting are also helpful.
Q: Is being a Bookie legal?
A: Our business and platform are registered, licensed, and tax-paying businesses that function under Costa Rican legislation, meaning that all services offered by Probookies are provided legally. However, you may be subject to further laws and regulations in your jurisdiction. We strongly recommend that you seek legal counsel regarding the services you provide to your customers.
Q: How do bookies track their bets?
A: Very few bookies no longer track their bets with pen and paper or cumbersome spreadsheets. Most professional bookies use a pay-per-head software solution that gives them a centralized cloud-based solution that they can access 24/7 from any device. PPH software is inexpensive and specifically built to provide all the necessary industry tools and save bookies management time that they can use to grow their business.
Q: Where do bookies get their betting odds?
A: Some bookies rely on sportsbooks to provide their odds. However, this leaves out the possibility of adjusting the odds depending on what type of bet is placed, which is the most essential part of the bookie business. For example, if every player in your book is betting on a favorite, most bookies would start to move the line in favor of the underdog to try to achieve a more even split. Without this capability, you could be cleaned out if everyone is betting on the same side.
Q: How much money do bookies make?
That depends entirely on the number of active players in your book, the volume of their bets, and how much time and dedication you devote to your business. Many bookies make a full-time job out of it, while others take advantage of the flexibility to make it a side business. It's entirely up to you!
Q: Does a bookie need an office?
A: Most online bookies and pay-per-head agents work from home, so that is not a problem. In terms of productivity, we recommend having a work-specific area or home office that isolates you from too many distractions.
Q: What is a bookie's schedule?
A: Like many entrepreneur businesses, the time you dedicate is hard to determine and might vary in different seasons. Running a sportsbook bookie business requires you to work nights and weekends, since most sports follow this pattern. The sports schedule will broadly define when and how much you'll be required to work.
Q: What do I need to get started?
A: Nothing, aside from your personal information. Just fill out the registration form, and we will call you to get everything set up.
