How Much Does a Bookie Software Cost?
Learning about the various Bookie PPH software products in the market can be quite confusing. Not all providers offer the same services, and they are all available at different price points. And when you are starting out with your own online sportsbook, you will worry about the cost of putting up a sportsbook. In this tutorial, we will help you figure our how much a bookie software costs, and what you should expect.
The concept of a pay per head software is that you pay a fee for every player that you have each week. The current fees you can find online range from $5 to $30. The prices also depend on the services you will use. For example, some profiders will offer $5 for everything, the whole package of sportsbook, casino, and racebook software. Meanwhile, some providers will offer $5 for the sportsbook software, and will charge you $1 for the casino, and another $1 for the racebook. In addition, the higher price tag also does not equate to better quality.
In fact, some of the best providers in the market actually give bookies discounts when the scale up their sportsbooks. For instance, some providers will offer $5 per player, but if you add enough players, you can get $0.50 off the per head fee.
How Much Should You Spend on Your Bookie Software?
You can keep track of the many sports events you can offer in your sportsbook. Every match you read in the latest volleyball news or every single MLB game, you can find in your sportsbook. Its rare to find a provider that will offer a limited selection of betting options, and this somehow equalizes the market in terms of competition. The dealbreaker here will be the additional services you can get for the fee you pay for. If your provider offers a low base price, but tacks on so much fees for additional services like casino gaming, phone wagering, and other services, then you really are not getting a good value for your money, right?
This is how we approach the proper cost of your bookie pay per head software. Always look at the highest value you can get for the lowest possible price. And of course, also look at what you can afford to spend. If $12 dollars is too much, then only look at providers that offer the best services for say, $9 per head for a complete bookie software solution. While you want to save money on your business, quality should be your main concern. In the industry, $5-$10 seems to be the average, so this is a price range that would be acceptable for you. It will boil down to the features they offer, and if they match your sportsbook's needs.