Bookmaking Tips and Strategies.
♠ Occasionally consider charging extra juice, especially on teasers. Extra juice on teasers has become quite the norm.
♠ Consider charging extra juice to purchase points.
♠ Decrease your parlay odds. Your per head adviser can do this on your behalf.
♠ Create a max win or pay-out limit.
♠ Raise your price on quarters and halves. 30 cents on halves and 40 cents on quarters (accumulatively on both sides).
♠ At times, consider moving the line by a half a point on your local home team.
♠ Ties on Teasers LOSE.
♠ Parlays… to demote or not to demote on a push… you decide.
♠ Limit your action on PROPS, Tournaments (TNT) and Match-ups (MU)
♠ Enable the casino for your players and create a max win/loss limit to prevent them from getting out of hand.
♠ Ask your per head representative, what are the more popular strategies and configurations that their more successful agents use.
♠ A good bookmaker always pays on time and in-full. This will set the tone for a reciprocal payment relationship.
♠ Purchase a burner. Translation; a prepaid (non-traceable) cell phone. This is one of the safest ways to communicate with your players.
♠ If at all possible, try not to reveal to your clients that you are the actual bookmaker. Pose as a middle-man whenever possible.
♠ Be patient and don’t overreact. Especially when a player is on a streak. Those who win will surely be back to bet more. The saying goes “Every winner is a loser”.
♠ Get familiar with the Agent Line Mover tool. If you’re not comfortable with a particular line on a game, this tool allows you to adjust or remove the game from your board.
♠ See our link “How to be a bookmaker” for more useful tips.
♠ For off-shore bookie chit chat http://www.therxforum.com/forum.php