Tag Archives: Bookie Software

U.S. Presidential Election Wagering Heats Up

San Jose, Costa Rica, 2020-Oct-08 — /EPR INTERNET NEWS/ — The 2020 U.S. Presidential Election on Nov. 3 has already proven one of the most contentious in American politics’ history. From now until the first Tuesday in November, neither candidate, incumbent Donald Trump nor challenger Joe Biden, figures to become less combative. And local bookies have already taken a significant amount of bets from players; meaning this could be the most profitable election for independent bookmakers in US history according to Payperhead.com.

The Democrats’ dislike of Trump and Republicans’ fear for a Biden Presidency has already led to one of the most wagered upon Presidential Elections ever. On Sep. 1, a leading sportsbook accepted a massive over $67,000 wager on Donald Trump.

Although Biden remains the favorite, wagers like that have driven Trump’s odds down on sportsbook software platforms like PayPerHead. Since the large wager, Trump and Biden have had their first debate, Vice Presidential candidate Kamala Harris and Mike Pence have also debated, and President Trump has tested positive for the coronavirus.

A Supreme Court Justice Senate Confirmation Hearing and two more Presidential Debates could determine where wagering action lands before Election Day. The second debate between Trump and Biden is on Oct. 15, while the third organized verbal showdown takes place on Oct. 22.

In 2016, PayPerHead saw an uptick in U.S. Presidential Election betting about two weeks before American citizens headed to the polls. The wagering trends appear to be on a similar path with the bulk of election bets most likely happening in the fifteen or so days before the election, just like what happened four years ago.

In the last Presidential Election, Hillary Clinton held a percentage lead in the national polls with about two weeks to go. Clinton remained the favorite, but Trump gained more wagers the closer the U.S. got to choosing their next president. Overall wagering, bets on Clinton and Trump, also significantly increased in the final stretch before the election.

PayPerHead Product Manager Nate Johnson expects action in the final fifteen days before Nov. 3 to resemble what happened in 2016 with one caveat, PayPerHead doesn’t know where the action will land. Johnson said, “We saw action on Trump. This year could be different with players backing Biden. Not that our agents care…but they love all the action.”

“Bookie agents on the PayPerHead platform don’t care so much about where the action goes because they’ve got tools to manage action no matter which candidate their players prefer,” Johnson said. He added, “We expect a flood of wagers on our platform after the second debate. If Trump performs well, everyone will know he’s over the coronavirus. Hopefully, they both perform well, and our agents see action on both candidates.”

Via EPR Network
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This Year’s NFL Season Could Be One For the Ages

San Jose, Costa Rica, 2020-Sep-09 — /EPR INTERNET NEWS/ — Although questions about how COVID-19 will affect the NFL remain, most football fans, analysts, players and coaches have turned their attention to the start of the 2020 season. The defending Super Bowl Champion Kansas City Chiefs host the Houston Texans in the first official game on Thursday, September 10. From September 10 to January 3, the National Football League hopes to play seventeen weeks of uninterrupted football before turning their attention to the playoffs and the Super Bowl.

The new season means more to pay per head bookies than it may to anyone else other than NFL players. Even during years when the NCAA has a Men’s College Basketball Tournament, betting handle drops off 20% to 30% after football season.

Now that the NFL is back, bookies, especially, are excited about the upcoming season and Payperhead.com is seeing an increase in new agents. One experienced bookmaker said that 90% to 95% of his revenue comes from NFL betting. “I provide wagering services to fifteen people. They all bet on pro football. So, am I excited about the upcoming season? I’m enthralled!”

The coronavirus pandemic has already made the 2020 NFL Season unique. Many teams won’t play in front of fans. Teams that will allow fans, like the Atlanta Falcons, won’t play in front of full capacity stadiums. The lack of fans shouldn’t affect play on the field, as most people will be at home this winter watching the games across the country.

What could happen on the field is why so many are thrilled about this upcoming NFL season. It’s difficult to remember a time when an impact player like Tom Brady left his current team. Brady decided to leave the New England Patriots, a squad he won six Super Bowls with, to play for Bruce Arians and the Tampa Bay Buccaneers. Not only did Brady leave the Patriots but he ended up in the same division, the AFC South, as Drew Brees. The New Orleans Saints quarterback holds five NFL records. Brees and Brady face-off in Week 1 on Sunday, September 13.

Another quarterback battle has developed in the AFC. Kansas City’s Patrick Mahomes won the 2018 NFL MVP. The Baltimore Ravens’ Lamar Jackson won the 2019 award. Mahomes and Jackson are the favorites to win the 2020 Most Valuable Player Award. Also, their respective teams are the two favorites to win this year’s Super Bowl.

Tampa Bay and New Orleans in the NFC, along with the San Francisco 49ers and Dallas Cowboys, should spend all season jockeying for playoff positioning. In the AFC, the New England Patriots, who signed 2015 MVP Cam Newton to replace Brady, and Baltimore’s chief rival, the Pittsburgh Steelers, also figure to challenge for the conference championship.

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As NFL Season Draws Closer, Bookies Switch to New Software Providers

San Jose, Costa Rica, 2020-Aug-20 — /EPR INTERNET NEWS/ — Although the coronavirus pandemic represented a bump in the road, the Global Sports Betting Market is on track to reach $155.4 billion by 2024. The trajectory, which represents a compound growth rate (CAGR) of 8.8%, can mostly be attributed to a couple of sports. By far, international sports bettors wager on soccer. In the U.S., football is the players’ betting sport of choice.

As the online sports betting continues to grow more bookies are looking for more established software companies like Payperhead.com to grow their businesses. Pay per head agents, those who use bookie software to run their sportsbooks, can expect the NFL to generate 2020 revenue in line with what they saw in 2019. In some cases, this NFL Season may generate more since players remain hesitant about visiting brick and mortar betting establishments.

Every year, the National Football League’s annual Super Bowl attracts the most wagering dollars of any single event. In 2018, the Super Bowl generated $158 million in handle. Some sports bettors wager exclusively on NFL football games. Their biggest bet of the year is on the Super Bowl.

Although the Big Ten and Pac 12 won’t have football this fall, the SEC, ACC, and Big 12 will. Also, the NFL is on track to start their season on time in September. The lack of Big Ten and Pac 12 games should have a negligible effect on football betting numbers. Most sports handicappers will turn their attention to SEC, ACC, and Big 12 college games.

Some pph sportsbook agents have already started the push for football wagering dollars. One agent who wished to remain anonymous said that he sent out the NFL’s opt-out list to his players a day after the league released it to the public.

The National Football League told players that they had until August 6 to opt-out of playing in the upcoming season. Players were compensated either $150,000 or $350,000 depending on their opt-out reason. On August 7, a per head agent copied the list and emailed it to his players. “I wanted to give my players information that can help them plan for the season.”

Customer care isn’t the only thing the agent did. He recently switched pay per head software providers, moving to a shop that offered credit card transactions. “Some of my players didn’t want to meet in person. Now, all they must do is use the system to pay me via credit card. I can also make payouts directly to their cards, which makes them happy.”

Although credit card transactions were the most important aspect that led to the switch, the bookmaking agent said that wasn’t the lone reason. “My players don’t wager much on NBA and MLB. So, I didn’t see much of a change in revenue. But losing the NCAA Basketball Tournament was huge. That’s my second best profit generator.”

“I had to find a pay per head shop that made it easy for me to import my players and offered more than my current provider did,” the agent said.

The agent added, “I don’t mind paying a higher per head fee because I can’t take the chance. I’ve got to try and make up the lost college basketball tournament profit with football betting.”

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Bookies Clamoring for Safe and Secure Ways to Collect and Get Paid from Players

San Jose, Costa Rica, 2020-Aug-07 — /EPR INTERNET NEWS/ — After the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018, U.S. based organizations created online sportsbooks to compete with offshore sportsbooks, also called post-ups.

Now the times have changed and as the local bookie business starts to gain in popularity, so do the demands of satisfying the players. And it’s PayPerHead’s proprietary Agent Payment Solution that is making it safe, convenient and practical for bookies from all walks of life to manage and grow their businesses.

Individuals have also become online sportsbook owners. In addition, existing bookies have taken their operations to the Internet. In most cases, bookies have become “pay per head agents”. A pay per head agent uses software to run their online sportsbook company. But although the software does some things well, most pay per head software struggles to meet agent needs.

Bookies must figure out on their own how to collect or pay players. In a social distancing age, that can cause major delays and disruptions in a bookie’s sportsbook operation. Not only that, but bookies cannot compete with offshore post-ups because they must keep their services at a local level.

Created in 1997, PayPerHead, a leading pph sportsbook software provider, has developed a mobile online payment interface, the Agent Payment Solution (APS®). PayPerHead’s agents can pay or collect from players via the APS in a matter of seconds. The APS works like PayPal but unlike PayPal, agents that use the APS mustn’t pay exorbitant fees.

The social distancing advantages are obvious. PayPerHead Product Manager Nate Johnson, though, said that’s just one advantage the Agent Payment Solution provides.

Johnson explains that, “We want our agents to be safe first of all. And not only that, but the APS allows agents to expand their businesses. It’s a mobile agent and player payment system that allows our agents to say, ‘Hey, you can pay and get paid in the same way as any offshore post-up operation.’ That allows our agents to increase their player footprint, which means they grow their sportsbook businesses, which means they make more money. Also, they don’t have to be restricted to the same area and can recruit players in other ways.”

Johnson noted that players can send money to their agents via credit cards, Bitcoin, eCheck, and even Moneygram. He added that PayPerHead believes the APS will revolutionize the pph sportsbook industry with its seamless technology. “With the APS, it’s all about confidentiality and security. We’ve created the PayPal for our industry. The difference is that the APS doesn’t charge a fee for every transaction the way PayPal does. In addition, our agents can make as much money as they want because they can promote their sportsbooks to players all over the world if they wish.”

Also, Johnson said the Agent Payment Solution provides peace of mind. “It’s a great thing to know that you’re going to get paid safely and securely. We’re the first and only to come up with an answer to that question, the most important question that pay per head bookies have. With the Agent Payment Solution, all our customers must do is go onto the system, go to Pay Me, then continue to the payout process and that’s it.”

Via EPR Network
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PayPerHead® Sportsbook Software Helps Online Bookies Stay in Business

San Jose, Costa Rica, 2020-May-12 — /EPR INTERNET NEWS/ — Major U.S. Sportsbooks saw betting numbers cut in half year over year in March 2020, as the coronavirus pandemic swept the nation, putting a stop to major events, including sports.

Normally one of the busiest months in the betting industry, the American Gaming Association estimates that profits for the brick and mortar gambling hubs have taken a financial hit of approximately 60% overall, and well over 500,000 workers have been affected.

Joe Asher, CEO of William Hill U.S., which operates sportsbooks in Nevada, New Jersey, and several other states told ESPN, “I do not see a scenario where [the pandemic] goes on sort of too long and somehow the industry withers away… The fundamentals of the sports betting business are pretty strong.”

PayPerHead and the Sportsbook owners that partner with them understand that the single most important fundamental of sports betting is entertainment. In response, they have become increasingly creative in providing their customers with the gambling entertainment their players crave.

The upside is, independent bookmakers are discovering that their clients who normally only wager on sports are becoming more and more engaged in digital offerings such as iRacing, eSports, casino gaming, and simulated sports. Essentially, this pandemic is creating a whole new kind of bettor.

Nate Johnson, Product Manager at PayPerHead® said, “Gone are the days that sports bettors will go into hibernation the day after Superbowl. This [coronavirus pandemic] has been rough, but it’s also got a silver lining. Our agents are turning their players into horse bettors, eSports enthusiasts, iRacing bettors, sim sports fans, and casino gamers. Those bettors won’t just walk away from all that when sports start up again; now they’ll be cross-platform players.”

Indeed, it seems clear that independent online gaming is growing exponentially in the face of the pandemic, and existing bookies and new agents alike are discovering that they can have a viable and lucrative home business by using a turnkey sportsbook operating system like that offered by PayPerHead.

In fact, many new bookmakers who may have hesitated to get into the business before are getting started now, and “doing quite well,” according to Johnson.

PayPerHead made an unprecedented move in response to the pandemic, offering its software services free of charge until major U.S. sports return. Says Johnson of PayPerHead’s offering, “It’s a pretty good start-up opportunity for a new agent; you can’t beat free. Bookies can test the waters and get their new business off the ground. With no deposit required and free access to all the prime features of the system, new agents can just concentrate on building their player base and making money, without any of the overhead costs normally associated with starting an online sportsbook ”

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PayPerHead® Steps Up To Help Small Business Owners

SAN JOSE, Costa Rica, 2020-Apr-15 — /EPR INTERNET NEWS/ — In response to the coronavirus pandemic, organizations around the world are exploring relief efforts to assist freelancers, entrepreneurs and small business owners that are being financially hit by the COVID-19 crisis. PayPerHead® is one such organization.

While businesses outside of the healthcare sector are producing hand sanitizer, masks and other supplies to help stop the spread of the virus, many software and tech companies are doing what they can to help keep the economy afloat by putting into place deep price cuts and educational content. As a result, they are helping mass numbers of the newly unemployed build home businesses and work online.

PayPerHead®, a sportsbook software company based out of San Jose, Costa Rica, is a Software as a Service (SaaS) organization that is making big strides in helping people start a new business that can weather this storm or stay alive in an industry they are already part of.

While major sporting events have been cancelled across the board due to social distancing protocols, sportsbooks are finding ways to keep players in action. With wagering available on eSports, one-on-one competitions such as boxing or tennis, horse racing, casino gaming, and even election results, people are still betting as a form of entertainment.

Slashing rates to zero, PayPerHead® recently announced that all of their services, except those that entail outside software costs, will be offered to bookie agents free of charge until the first major sporting event begins again, or by September 1, 2020, whichever comes first.

Market research has positioned the pay per head sportsbook and casino industry to eclipse $155 billion by 2024. “If ever there was a good time to seek out an industry that can survive an economic downturn, now is it.” said Nate Johnson, Product Manager at PayPerHead®. “We know that times are tough, but we’ve been down this road before. When businesses were going bankrupt during the housing crisis of 2008, we stayed in the game. We’ll do it again and we’ll help others to do it too.”

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