Online casinos can offer anything between 10 to 50% bonus to a user’s initial deposit when signing up. Online casinos also run promotions all the time, so it is possible to get started with a. The online gambling industry has grown in popularity over the years, and as more people turn to gamble online, industry players offer attractive bonuses in a bid to attract a large number of users. In fact, online casino gambling is the leading form of Internet-based gaming, according to many experts. So, how hard is it to start your own online casino? According to industry insiders, starting a real money online casino can be quite a headache, with plenty of factors that one needs to take into consideration. Setting up an online gambling site is no easy feat, but it can be done and while you may not be able to compete with the main sites any time soon, building up a loyal customer fanbase is a great way to start. Speak to a legal advisor every step of the way, ensure your site is safe for use and meets every legal requirement linked to gambling.
Creating a new online gambling site can seem like a daunting as most newcomers don’t have a clue of what steps to start a betting site they should follow.
It’s as Easy as 1-2-3
If you are starting to maul over the idea of starting an online sportsbook, there are a few things you need to know. For starters, this kind of business venture requires passion as well as the will to invest your valuable time and money. Moreover, you will also need patience and resilience before you can start perceiving a steady income.
The good news is there are many aspects of the online gaming market nowadays that make it easier to start an online gambling site than ever before.
Why Become a Bookie?
We’ve mentioned on several occasions thatthe online gambling industry has recorded consistent growth over the last twodecades.
A lot of this growth is due to the rise of the internet and the creation of comprehensive betting software suites that enable bettors to access their accounts from anywhere in the world through the device of their choice.
This means that anyone, regardless of howtech-savvy they are, can make use of the most sophisticated wagering softwareplatforms on the market today.
In the past, the cost of the software prohibited many from entering this exciting industry. The solution to this challenge came with the rise of pay per head companies like AcePerHead.com. Ace doesn’t just offer software; they provide many ancillary services that make it easier for you to become the bookie.
If you are passionate about sports, casino, and horse racing then creating an online gambling site might be the best choice for you.
For those of you who are planning to start an online gaming business, you’ve come to the right place. Here are the three simple steps to start a betting siteas laid out by www.AcePerHead.com that are designed to help you stay ahead of the competition and stand out from the rest.
Step 1
Find the Best Gambling Software Provider
Running An Online Gambling Sites
Let’s start by saying that this might beone of the most important decisions you have to make when starting your onlinesportsbook.
Partnering with a pay per head software provider is like starting a relationship. When you find the right one, it may turn into a lifelong journey with all its ups and downs. A long business relationship with your gambling software provider should be something you strive for, trust us switching providers can be a nightmare, so aim to find the right fit from the start.
It is essential to identify and know how toobtain all the functionalities you need your technology partner to provide foryour website.
When you start your software and tech requirement conversation with your pay per head service, make sure their offer includes:
- High quality, secure andreliable backend
- Single back office managementtool compatible with any device and accessible from anywhere in the world
- User-friendly and customizablefront end
- Access to top events andbetting markets
- Account management, riskmanagement, and support services
- Complete redundancy of allsystems and networks
- DDoS protection
- Ample server capacity
- Guaranteed up times of 99.99%
Ace Per Head offers all these because they have been in business for 25 years, and therefore, the company understands how vitally important the technology that powers online sportsbooks is.
The IT engineers at Ace pay attention toevery detail, so their service not only meets but also exceeds everyexpectation.
Step 2
Register as an Agent with Ace Per Head
You did your research, and you came to the same conclusion as hundreds of bookie agents over the years.
There is only one pay per head company that offers the best service and support for new agents, and that is AcePerHead.com.
Aside from full technical support, they have the most experienced oddsmakers and line managers to help you earn more money than you could hope to make with other price per head shops. And their outstanding customer service will help you retain more players and create loyalty towards your newly developed brand.
Registering is free and only takes a fewminutes. The best part is Ace offers same day setup, so the same day youregister you can start accepting wagers and earning money.
If you are still not convinced Ace Per Head is the right shop for you, then what I’m about to tell you should clear any hesitation you may be experiencing.
You could get up to 6-weeks of free servicefrom Ace when you register as a bookie agent with them. No other price per headoffers a free trial period that remotely comes close to the up to 6-weeks Aceprovides. This free trial can be a lifesaver for new agents who are on a tightbudget and not making a steady income yet.
You can check the details of this promo here.
Step 3
Get Your Gambling Website
You can’t have an online gambling businesswithout a website.
Your site needs to be attractive anddistinctive enough where it can give you a competitive edge over yourcompetitors.
Website tip:
The most successful online bookie sites have simple designs.
Therefore, you should avoid the temptation of having complicated graphics. As part of their services, Ace Per Head offers hundreds of front-end skins that are simple, yet attractive and highly effective you can choose from.
Alternatively, you can have a fullycustomized website created just for you by the graphic design team at Ace.
If you act now, you can take advantage of this fantastic promotion and get your Free Website.
If you have been looking for a place that offers simple steps to start a betting site, then AcePerHead.com is the place you have been searching for.
Their no fuzz registration and setup process, affordable rates and exceptional customer service would be enough to distinguish them from other price per head shops. However, they go above and beyond any bookie’s expectations with their world-class betting odds, which are always sharp and render higher weekly hold percentages than any other PPH company. For more information on how AcePerHead.com can help make your dreams of becoming an online bookie a reality, contact one of their account managers today.
Starting your own gambling site takes serious preparation before diving right in. It’s a big venture to explore, so there is a long checklist worth going over before you can determine that you’re ready.
Planning to create your own sportsbook requires more than just a sack of cash. To truly become the best online gambling site business owner, you have to know the ins and outs of casinos and gambling. Wandering into a casino and playing as a rookie is an obvious mistake. Starting your own business in gambling without knowing the ropes is even worse.
In this article, let’s talk about everything you’re going to have to think about before you start a gambling website. This is a very serious topic, and creating your own business can literally be a matter of solidifying or completely ruining your livelihood. Pay attention!
Develop a Budgeting Strategy
First and foremost, creating a gambling site is not a cheap process. To understand roughly how much you’ll need to invest in your new business, you need to first determine the scope of what you’re about to build.
Are you looking to create a business from the ground up, completely custom, with a source code entirely owned by you? Well, you’d better be a millionaire if so. Developing custom online casino software is going to cost you an arm and a leg, and that’s why most people don’t do it. You’ll also be responsible for hiring on-site staff, coding the games or odds-making system, and so much more.
It’s not an exaggeration to say that roughly $1.8 million is a good estimate to shoot for at the start, according to answers of a popular Quora question on this subject.
However, another approach to starting a gambling site or an online poker site is by becoming a white label. Becoming a white-label gambling site effectively allows you to mirror the software and structure of an already-built gambling site at the cost of paying them a percentage of your earnings. The upside is that this is exponentially cheaper, easier to maintain, and will be up and running much faster.
You can have a white label built with only around $50,000, but it’s still incredibly important to create a proper budgeting plan. You need to do your research and create reasonable estimates for every expense that you’ll need to make for the first six months of your business. As you read through the rest of this blog post, it should become clearer what some of these costs will amount to.
Obtain a License in a Jurisdiction
One of the most important parts of establishing your online gambling site is to determine where to open your business. Despite operating online, it will need to be established in a physical location of which the laws must be obeyed.
The United States is home to the Unlawful Internet Gambling Enforcement Act of 2006, which places limitations on gambling site transactions involving bets or wagers. That being said, a resident of the US can apply for a license to create a gambling site somewhere overseas.
Some of the most popular jurisdictions include Alderney, Antigua and Barbuda, Curacao, Gibraltar, Isle of Man, Malta, and Montenegro. The prices for the application and annual fees vary greatly—for example, you’ll have to pay $15,000 for the application and a $100,000 annual fee in Antigua and Barbuda, but just €2,330 for the application and €8,500 annually in Malta.
Please Note:You’ll also need to consider the approval rates and how long it takes to process applications in each jurisdiction. Taxes and additional fees are something else worth paying close attention to, because the application and recurring fees aren’t all that can get you.
I highly recommend that you do extensive research into all of the available jurisdictions where you can apply for a license to open your gambling website, because this holds long-term financial and legal implications.
Choose an iGaming Software Platform
“iGaming” is another name for the online gambling and casino industry. It’s most often referred to when discussing the online gambling space in terms of its practices in software.
With that in mind, there are a lot of iGaming software providers, like EveryMatrix, BetConstruct, Playtech, and OpenBet. The pros and cons of each of these platforms are made clear across product pages and review websites, and it’s on you to determine which is ideal for your specific site model.
The best online gaming platforms are going to provide the following services:
- A fully customizable frontend so that you can design it to match the rest of your site
- Either built-in payment processing options or functionality to work alongside the best payment processors
- An integrated customer support portal
- Either a selection of the top worldwide casino games or integration for the best odds-making APIs and services
- International market coverage
There may be many other requirements that your specific online gambling business needs, but these five are going to be the most important for online gaming platforms.
Choose a Payment Processing Platform
Payment processing platforms, sometimes referred to as merchants or merchant accounts, legitimize the way that your online gambling site’s customers can pay for your services. A few popular payment processors that may work alongside your online betting platform are eMerchantBroker, PaymentCloud, and Durango Merchant Services.
Several online casino white-label services or online betting platforms have integration for payment processing platforms. For example, EveryMatrix uses its own payment platform and risk management system called MoneyMatrix.
Each payment processor is going to allow payments from its own range of options like credit cards, cryptocurrency, and online payment systems like PayPal. There may be a specific method of payment that you’re looking for that you’ll need to ensure is available through the payment processors you’re browsing over.
Create a Site Design and UX
This is the part of the process that can really make or break your entire business. To put it bluntly, no one is going to care about or sign up for your online gambling site if it comes across as untrustworthy.
A significant amount of your budget has to be invested in creating a clear and concise site design and user experience that is going to both allow customers to create and use your website as easily as possible and instill trust in them. If you are running a white-label service, it better not look like it. Gamblers want to be working with the real deal, not another middleman down the line.
Don’t hire someone from a cheap freelancing website to handle this for you. Find web developers and designers from established companies and startups to make your website look as clean and professional as you can get. Thanks to services like the Internet Archive, putting something online has a degree of permanence to it. Create a strong website out of the gate—it’s not something you can build into.
Putting out a shoddy, poorly-designed website to wrap around your online gambling business is like dropping your casino in the middle of the slums. This is a mistake you can’t afford to make.
Market Your Online Gambling Site
When you first create your online casino or sportsbook, you’re a small fish in a massive ocean. How is anyone going to find you? The only way for your business to get off of its feet is if you launch it with a respectable advertising budget.
You’ll need to be familiar with self-serving ad platforms, like Google Ads, Facebook Ads, and Quora Ads. There is much more real estate for online advertising than there is for physical advertising, but that’s something you may eventually be able to move into.
If you decide to take on the task of controlling your own marketing campaigns, you’re going to have to learn about basics such as how to gauge a reasonable CPM, what a good click-through rate looks like, and how to target high-performing keywords in the online gambling industry.
Important:Start An Online Betting Site
Some keywords on Google are so hot that they’ll cost you over a dollar per click, so imagine thousands of people clicking on your placements per day. Online advertising involves haggling for lower rates, getting better (and more) display ad exposure, and knowing when, where, and who you should be targeting. It’s all about analytics.
Your website is also going to need a lot of written content to appeal to search engines. Traffic from search is one of the most effective ways to succeed as an online business, but again, the online gambling space is incredibly competitive. You’re going to need a great marketing strategy to make it.
Closing Remarks
As you can see, getting started with your own gambling site isn’t as simple as picking up the idea today and launching tomorrow. This is a process that can take months and years, or even that long just to finally obtain the license and legal documents required to be able to get started. It’s no joke!
However, having more gambling sites available encourages a healthier space as a whole. Competition breeds better services, so you’re doing a big favor to the online gambling community by even considering this, even more so if you follow through.
With good comes bad though, and there are also risks involved with these new gaming sites. As a customer, trying out a new site opens you up to the potential of being scammed, and that’s why reviews matter. Review sites that take an objective look at gambling, like LegitGamblingSites.com, are incredibly important. Don’t be the guinea pig and let sites like ours do the testing for you.
In closing, becoming a better gambler and bettor can do nothing but help you succeed in owning your own business that revolves around the two, so become a student of sports and the casino. Who knows, maybe the earnings that you rack up along the way will even be what helps you kick off your own gambling business. One day, your site might even be featured on our list of the best online casinos.