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I have had a few ask me about this, so I'll just share it here. In the past few months, all you see in gambling news will be lower handles, less betting, etc etc. To those new in the industry, this is not bad news! If you notice, it coincides with the US sports calendar. Thats it.
If you want data to see if your sportsbook is doing better, check last year's numbers. Also check the percentage of your players betting or trying out other sports (intl), other products, if you offer card games or horse racing, and more.
activity will start to pick up in August because lines will open for football betting in September.
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This is why diversifying your sportsbook products is important. You can offset the revenue from a new income stream like a casino or even just sports betting from events from other continents.
Aside from running my own online sportsbook, I do enjoy traveling since my bookie pay per head solutions is helping me get my work done easily.
This is why diversifying your sportsbook products is important. You can offset the revenue from a new income stream like a casino or even just sports betting from events from other continents.
I agree. You need to diversify your offerings if you want to avoid slow months. However, having slow months is not a problem when you use a sportsbook pay per head solution. Because you only pay for active players. On the other hand, a lower handle leads to lower profits. Thus, diversifying is vital for the sportsbook.
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