Tag Archives: PayPerhead

U.S. Presidential Election Wagering Heats Up

San Jose, Costa Rica, 2020-Oct-08 — /REAL TIME PRESS RELEASE/ — 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.”

About PayPerHead:
Founded in 1997, PayPerHead.com is the leading choice for serious bookies. The company’s Agent Payment Solution (APS) is the only in the pph sportsbook industry that allows for online collections and payments. Bookies can offer their players two live dealer casinos, a variety of digital casino games, two live in-game betting platforms, a poker room, wagering options on every available sports league, and horse racing. PayPerHead also has the best in industry referral program so agents can add to their profitability and it prides itself on providing industry-leading, top-class customer service with over 20 plus years of experience.

For more information, visit https://payperhead.com or contact:
sales@247servicenow.com
1-800-605-4767

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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 — /REAL TIME PRESS RELEASE/ — 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.”

About PayPerHead:
Founded in 1997, PayPerHead is the industry’s leading online sportsbook software provider. The company prides itself on being a sports betting tech leader and customer-centric organization with over 20 years of experience. Currently, PayPerHead provides sportsbook software solutions to over 15,000 bookies with over 75,000 players.

For more information, visit https://payperhead.com or contact:
sales@247servicenow.com
1-800-605-4767

PayPerHead Agents See Huge Uptick in Online Casino Gaming

San Jose, Costa Rica, 2020-Jun-10 — /REAL TIME PRESS RELEASE/ — PayPerHead.com, a sportsbook technology leader, wanted a grasp of how the sports shutdown affected online casino gaming.

The company’s revenue results showed that sports bettors turned to casino gaming in droves. Overall casino revenue rose from March 11, the day the NBA shut down their season, to the end of May.

The most significant percentage surge came via live dealer casinos. From January to May, PayPerHead.com’s live dealer casino segment saw a revenue increase of 317%. The growth percentage dwarfs the digital casino revenue increase of 185%.

The numbers suggest that live dealer casino play is growing on an accelerated trajectory. What could account for the difference in revenue growth percentages?

PayPerHead’s Product Manager Nate Johnson spoke about how live dealer casinos bring “Vegas-like excitement.” Per Johnson, “Sportsbook software allows players to stream live dealer games on their tablets and mobile phones. Digital casinos use animation, and its cool animation. But many casino players still crave the human element.”

“Numbers don’t lie. If you’re a PayPerHead agent that doesn’t offer a live dealer casino, add it to your offerings. Las Vegas may never be the same. And, I’ll put our dealers up against any dealer you find in a brick and mortar casino,” Johnson said.

The biggest question is whether the growth in both digital casino and live dealer casino play will continue after the pandemic. Here again, it’s good news for PayPerHead agents.

PayPerHead’s revenue stats imply that sports shutdowns didn’t cause an upward trend and that the growth in casino play won’t stop anytime soon. The uptick in digital casino handle rose from $63.519M in January to $93.323M in February. From February to March, the digital casino handle rose to $110.758M.

Handle in PayPerHead.com agent run live dealer casinos rose from $9.95M in January to $12.02M in February to $22.82M in March. The numbers imply that casino play, both digital and live dealer, should continue to rise even after regular sports return. The growth trend should remain intact well into 2021 and beyond. Johnson said that when sports return, it may help raise casino gaming revenue. “Sports bettors wager on casino games while casino players don’t always wager on sports. If anything, PayPerHead agents are likely to see an uptick in all gaming segments once major US sports return.”

About PayPerHead:
Founded in 1997, PayPerHead is the industry’s leading online sportsbook software provider. The company prides itself on being a sports betting tech leader and customer-centric organization. Currently, PayPerHead provides sportsbook software solutions to over 15,000 bookies with over 75,000 players.

For more information, visit https://payperhead.com or contact:
sales@247servicenow.com
1-800-605-4767

PayPerHead® Sportsbook Software Helps Online Bookies Stay in Business

San Jose, Costa Rica, 2020-May-12 — /REAL TIME PRESS RELEASE/ — 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 ”

About PayPerHead:

PayPerHead, founded in 1997, is the industry’s leading per head online bookie software, providing user-friendly tools and unmatched customer service to independent bookmakers around the world.

For more information visit https://payperhead.com or contact:
sales@247servicenow.com
1-800-605-4767

Despite No Sports, PayPerHead® Keeps Players In Action

San Jose, Costa Rica, 2020-Apr-30 — /EPR Network/ — While major sporting events have been canceled across the board due to social distancing protocols, sportsbooks are finding ways to keep players in action.

With wagering available on eSports, simulated sports, one-on-one competitions such as boxing or tennis, horse racing, digital casino gaming, live dealer casino, and even election results, people are still betting as a form of entertainment.

Studies have shown that during times of economic recession, war, or crises, people turn to entertainment to ease anxiety and stress. Books, films, gambling, digital gaming, and social media are all ways that people “check out” of their current reality, even if for just a few hours of relief.

Likewise, studies indicate that retired adults, whose daily activities might be the most similar to unemployed citizens or citizens who are sheltering in place during social distancing protocols, are more likely to gamble for stimulation and for boredom relief rather than for winning money. In interviews, gamblers have indicated that boredom is among the primary motivators for engaging in gambling activity

With few sports available to speculate on these days, organizations like PayPerhead, a sportsbook software company, have become increasingly creative in providing their customers with the gambling entertainment their players crave.

Simulated sports and eSports, two newcomers to the gambling field of play, were already set to become multibillion-dollar industries long before COVID-19 disrupted traditional sports betting.

eSports (also called electronic sports, e-sports, or Esports) is a form of competition by video games. Esports often take the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams.

Unlike esports, which are controlled by humans, simulation sports are comprised solely of games between a computer’s AI (artificial intelligence) and are typically based on traditional sporting events such as basketball or football.

In addition to the above mentioned digital events that gamblers can bet on, PayPerHead bookies are also able to offer horse race betting, digital casino gaming, and live dealer casino gaming on blackjack, baccarat or roulette.

Unlike traditional sports betting, the new digital gaming, horse racing, and online casino gaming allow players to bet on a much lower budget, and can sometimes deliver big payouts. For that reason, PayPerHead bookmakers are finding this downturn in sports betting to be extra advantageous, because previously sports-betting-only players are now adding a whole new repertoire to their regular gambling activities.

As more and more people search the internet for work from home opportunities, new bookies are finding a whole new niche in the online sportsbook and casino industry. With unheard-of rate drops (PayPerHead is offering free service until major U.S. sports start again) during this coronavirus crises, now is a great time to start.

About PayPerHead:

PayPerHead, founded in 1997, is the industry’s leading per head online bookie software, providing user-friendly tools and unmatched customer service to independent bookmakers around the world.

For more information visit https://payperhead.com or contact:
sales@247servicenow.com
1-800-605-4767
Logo:

PayPerHead logo