3/31/2022»»Thursday

Setting Up A Betting Shop

3/31/2022
    18 - Comments

Hi @Zorair, pls i'm interested in setting up sport betting company in Naija can u pls help me with proposal or a guide that can put me through. Thanks Don vin said on October 21, 2014 Hi I am from uganda I want to start my own betting business whoever is interested write me on my e mail bhavinwellstar2010@yahoo.com. Take your bedroom from just a place you sleep to a relaxing retreat you love with high-quality bedding from Bed Bath & Beyond. Home to thousands of comforter sets, duvet cover sets, bed sheets, bed pillows, and bedding accessories, Bed Bath & Beyond has all the essential linens you'll need to make your bedroom the stylish sanctuary it is meant to be.

  1. Setting Up A Betting Shop Near Me
  2. Setting Up Betting Streamlabs
  3. Setting Up A Betting Shop Manager
  4. How Much Does It Cost To Start A Betting Shop

Complete Betting Shop Solution

Swissbet offers reliable and cost-effective Betting Shop software for land-based sports betting kiosks, shops, sports clubs, or bars. It can be used in the form of standalone module or linked back to the primary Gaming Platform and Online Sportsbook. Swissbet Betting Shop solution has been designed to optimize regular operations performed by users. It provides powerful functionality for line/coupon/fixture printing and is compatible with a wide range of printing hardware: thermal, portable, POS printers, and etc. Our betting shop software also delivers pre-live and in-play sports and odds coverage from the leading data feed providers: Betradar, Betting Promotion, Don Best, and others. Betting Shop systems by Swissbet supply a complete set of sports betting services and are highly praised for their easy and responsive design.

Interested to Learn More?

Request A Demo

Talk to Our Sales Representative:

Chat with Us!
Email: info@swissbet.com
Skype: swissbet

Related Products

Single Wallet PlatformShopTurnkey Gaming SolutionSportsbook SoftwareShopPre-Match Betting SoftwareLive Betting SoftwareMobile Betting Software

Key Features

  • Support of unlimited operator and shop accounts within a single back-end.
  • Line/Coupon printing functionalities.
  • Support of various printing devices: thermal, POS printers, portable terminals, and etc.
  • Convenient shift management for cashiers/operators.
  • Inclusion of all basic bet types: Single/Parlay/System bets.
  • Coupon and event codes: unique IDs for tracking coupons/events.
  • Support of various payment methods: cash, payment gateways, mobile payment options.
  • Web-based software: instant access via internet browsers.
  • Ergonomic interfaces for convenient use and quick operation.
  • Detailed reporting and statistics.

Key Benefits

  • Covers the needs of your entire chain of sports betting shops/kiosks.
  • Allows for saving money on set-up.
  • Ensures flexibility with respect to hardware and equipment.
  • Accelerates regular cashier activities: line/coupon printing, bet placement, and etc.
  • Ensures the complete set of sports betting options.
  • Provides advanced back-end for day-to-day management.
  • Meets the needs of local markets through support of customizations.
  • Supports a selection of payment systems and gateways.
  • Available through cloud service – no need to install on individual PCs.
  • Allows advance financial and functional monitoring.

Discuss Your Betting Shop Software With Us.

We will help to grow your gaming business!

Talk To Us Now

The industry of the bookmaker business is one of the largest in the world in terms of turnover of money. The net profitability of the bookmakers industry, according to them, is from 7 to 15%, although, in fact, most likely, there may be much more.
Before you jump in to this business, first you need to decide on which indicator of profitability you are targeting. Unlike other business niches, the profitability of bookmaking may not seem the biggest - up to 15%. This means that with a turnover of 1 million, the owner will earn 100-150 thousand. But in fact - this is one of the most profitable areas of activity. Let’s analyze why is it so.

Setting Up A Betting Shop

The relevance of the bookmaker betting shop

Nowadays, the opening of a betting business (even with a small number of betting shops) is a profitable business. You can successfully invest with a great prospect for years to come. There are no legal alternatives to this, so for those who want to make a profit in this way - this is a good opportunity for further development. Various sports competitions are held every day, and in the case of virtual games - up to as many as 300 or more matches per game per day. Bookmakers give people a lot of chances to make money by placing bets and the industry itself is growing every year. So this option is more relevant than ever and practically safe.

Setting Up A Betting Shop Near Me

Setting

Benefits of earning money in this business:

  • The possibility of a really rapid increase in the initial capital;
  • Earnings in a short period of time;
  • You earn money legally and honestly;
  • Relatively small initial investment;
  • Modern and secure management system from MOHIO, which allows you to multiply profits and a wide range of other systems.

Equipment for the bookmaker betting shop

All the necessary equipment for starting a bookmaker’s office is not so expensive and you can easily buy it without pouring many thousands dollars into it. We give for example the requirements for equipment from MOHIO.

Minimum technical requirements:

  • Display 17” (15”) TFT Screen (anti-glare glass fitted)
  • Touch Screen 17” (at least 15”)
  • Ram: 4 GB
  • CPU: 2.2 GHz dual core
  • Hard Disk Drive: 160 GB
  • Graphic Card: 2GB
  • Certification: 2x NVIDIA - S-Video, VGA, DVI-I out
  • Video Card should have a lot of VGA/DVI/HDMI/...

Computer peripherals

Setting Up Betting Streamlabs

Thermal printer (print width 80mm)span>

Setting Up A Betting Shop Manager

Examples:
STAR TSP 100
Posiflex (6800, 7000)
Epson (TM 88)

Barcode scanner (should support code 93 and 128 in default)

Examples:
Honeywell ML2107
Symbol LS2208
Metrologic MS9520

Office-space rental and staff for opening a betting shop

To open the bookmaker betting shop, where people will place bets, a room with an area of ​​20 sq. M is suitable. And with a minimum budget it is possible even from 10 sq. M. The place must be chosen with an opportunity to accommodate at least one workplace with a table and a computer for a cashier. Accordingly, at least 1 employee - cashier should be in the workplace. The rent should not be high, there is no need to spend on this level of profitability.

How Much Does It Cost To Start A Betting Shop

Tips for office-spaces selection

  • first floor, front of the street, not a residential building;
  • preferably a popular and passing place.

How a bookmaker makes money on bets

The rules and principles of the bookmaker office are simple: every day, the betting shop presents its lists of quotes for various sports (including virtual) events. In each of them has a different outcome options. Any of these outcomes has its own specific coefficient by which the winnings are calculated. In accordance with these coefficients, the bookmaker accepts bets and then pays out to the winning players who have guessed the result, or (more often) makes a profit on the losers.