SPORTS BETTING SOFTWARE[How to own a sports betting website or how to become a bookmaker]

         

Sports betting “soccer, tennis, basket ball, Ice hockey, etc” is a money bank industry growing with the speed of light in the society. Every youth in the society want to get rich fast without doing any job, therefore resulting to various types of gambling.

Sports betting business is an investment without a loss when you are a bookmaker (website owner) if you play your cards very well. The profit in this business is so much that you recover your entire expresses & capital in less than a year. The success & failure of this business depends on your software developer.

There are various factors to consider before venturing into the business of owning a betting website or in other hand becoming a bookmaker.

1. Finance: This is the first important factor to consider before venturing into the business of owning a betting site. For beginners, you need to set aside at least 250,000 Euros for the project. In other not go into deficit at early stage, the said reserve will be used for your company head office, payment of salaries, equipments, software development as well as payment of initial recorded winnings. You also have to be very careful not to set your maximum winnings to be too high so you don’t run into deficit quickly.
2. Sportsbook Software Provider: This is the most important factor to consider before venturing into the business of owning an online/shop sports betting site or becoming a bookmaker. Apart from finance, this factor actually determines your success or failure in this industry.

The choice of a software developer should be tailored around your total capital investment. Do not go for sportbook software development that is way beyond your total budget for this industry.

 Also note that your target market has a role to play in the type of software development you should invest on.

Another fact to consider in choice of sportbook software providers is their commission profile between you, the bookmaker/site owner and the sportsbook software provider. Also to consider is the site features being offered by software developer and finally the mobile version.

Here are list of top to recommend software provider and their setup cost.

1. Justnetnv: (Setup cost 10, 000 Dollars). This sportbook software developer one of the most affordable with lots of advance and dynamic features that suits all Countries. Integration is fast and management is very easy. They make use of the latest technologies in world including affiliate system. This sportbook software developer is highly recommended for beginners.
2. AR management: (Setup cost 10, 000 Dollars). This is another great sportbook software developer that is very similar to Justnetnv but lack certain dynamic features such as cashout and cut one etc as at the time this article was compiled.
3. SB Tech: (setup cost 50, 000 Euros) This software developer is expensive but also worth the setup cost. Their platform is one of the best.
4. Isolution: (setup cost 20, 000 Euros) They also have a dynamic software
5. Sb-betting (Setup cost 35, 000 Euros) Their software is expensive but its designed I such a way that you can integrate any third party application and works perfectly well.
6. Bookie: (Setup cost 10, 000 Euros). This software developer is one of the few developer that have clients success in consideration while developing its software
7. Sirplay: (setup cost 15, 000 Euros) This is one f the upcoming sportbook software developer in the gambling industry. Their software is flexible.

3. Marketing: this is another factor to consider while venturing into ownership of a betting site you have to first determine your targeted audience as well as various ways of reaching your targeted audience eg social media, satellite, radio etc

Your company head office as well as bet shop and online/offline agent also falls into this category.

For more information on setting up a betting site call +2348147406754
or email: skinfull6@gmail.com

10 best and fast paying sports betting sites in Nigeria.

1. Nairabet
2. Bet9ja
3. Naijabet
4. 1xbet9ja
5. Lionsbet
6. Merrybet
7. Noxwin
8. Supabets
9. Lovingbet

Click here to see how rating was done

 1. Nairabet:  100% paying, 100% high odds, 35% bonus on 10 selections, single bet allowed, 24 hrs withdrawal, customer care response 5 star, minimum stake N50, maximum winning N25, 000, 000.

 Nairabet   is the first, oldest, strongest, most financially stable and fast paying betting company in Nigeria with world class customer support. Offers huge bonus on first deposit plus bonus on accumulated bets. Nairabet also have the cash out option available for its users, this cash out option reduces the risk of loosing bets or stakes as well as increases your winning chances. To learn more about Nairabet CASH OUT and never loose a bet, Please click here . Nairaet has gone a step ahead by going into partnership with MTN Nigeria so that all Nairabet customers using MTN Nigeria sim cards or network can place their bet completely free of charge with free 50mb data for browsing on Nairabet, this means that you can now broswse through Nairabet website, book a bet or play bet free of charge without buying data.To learn more about how this works please click here. Nairabet now pays you when you loose a bet on you bet slip; This 1 mean say if 1 cut your ticket, Nairabet go still pay you. To learn more on how to get paid when your ticket cut, please click here. You can also place bets on a match or games that has already started or still in-play. This betting company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to join Nairabet. 

Please Note: If your are asked for Affiliate code when registering, leave the field blank or use a_4996b_38c

Also Note: To register successfully with Nairabet make sure that the password you select while registering on Nairabet website is upto 8 characters and above. Your password must contain some letters, some numbers, capital letter, small letters, and symbol. Example:Asaba@2314

no more Losing in a Ticket Again just keep winning on naijabet and also get 50naira instantly

Now on NaijaBet it doesn't matter if you are losing a ticket or winning, you can always make money anytime, anywhere and on any ticket or bet.
When you place a bet, the odds corresponding to the initial cash out value will be defined. As long as the chosen market remains active, you can cash out your money and withdraw a part of the amount placed. The cash out amount depends upon the probability of the chosen outcome at the time of cash out.
For example, if the chance for the chosen outcome was 50% at the beginning, but at the time of cash out it decreased to 30%, then the cash out amount will be less than bet amount. And vice versa, If the chance for the selected outcome was 50%, but it increased to 90% at the moment of cash out, then the cash out amount will be bigger than the bet amount and will almost equal to the total potential payout. 
What this means is that if you play combined bets and some games have won and you are afraid one or two teams will spoil the ticket, you can cash out your winnings and your account will be credited with the amount you saw during cash out.
and also get N50  instantly after the registration 
CLICK HERE TO REGISTER

100% paying, 84% high odds, 25% bonus on 10 selections, single bet allowed, 24hrs withdrawal, custormer care response 5 star.

Lovingbet is another fast growing betting compay that pays very fast in Nigeria for online customers who wants to play with their laptop or mobile phones. It only take less than 24 hours to withdraw your money from your betting account to your bank account. 100% bonus on first deposite plus bonus on accumulated bets. You can also place bets on a match or games that has already started or still in-play. Lovingbet also allows you to place bet on virtual games such as dog race, horse race, virtual football etc. Lovingbet is the first and only company in Nigeria that offers you a chance to get back 5% of you loss using their cash back promo code with unlimited betting options. At Lovingbet, winning is your birth right. I won N4000 with lovingbet and i was paid. This company is highly recommended for customers who wants to stake/ or place bets with their mobile phones or laptop. To join Lovingbet, Click here

Merrybet: 100% paying, 84% high odds, 19.8% bonus on 10 selections, single bet allowed, less than 24 hrs withdrawal, customer care response 5 star, minimum stake N50, maximum winning N10, 000, 000.

November 01, 2017 

Merrybet: 100% paying, 84% high odds, 19.8% bonus on 10 selections, single bet allowed, less than 24 hrs withdrawal, customer care response 5 star, minimum stake N50, maximum winning N10, 000, 000.

Merrybet  still remains the fastest paying betting company in Nigeria for online customers who wants to play with their laptop or mobile phones. It only take few hours to withdraw your money from your betting account to your bank account. It takes less than 24hrs to withdraw from your merrybet account to your bank account in fact, If you apply for your withdrawal before 8:30am yo will receive your bank alert same day. 100% bonus on first deposit plus bonus on accumulated bets. You can also place bets on a match or games that has already started or still in-play. This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to register with Merrrybet.