A sports betting agent is a person, office, or organization specialized in offering high – quality services in the sports betting industry. In some cases, this due to your country of residence and jurisdiction dealing with a sports betting agent is the only way to participate in this type of gambling. In some terms, having a sports betting agent facilitates bettors and players on how to handle their funds, which in turn, bring bountiful of benefits and yield the best results.
Majority of betting agents or gambling firms has immediacy rules. So before becoming a successful sports betting agent yourself, you need to gather information on all the existing betting companies and agents around the area you wanted to start your own betting business. This will be of big help especially when you are on the hunt to choose the betting company you partnered or register with.
As a matter of fact, this is where 90% of sports betting agent hopefuls failed. To avoid making the wrong decision, participate on forums and look for lists of reputable betting businesses in the specific area you wish to jumpstart your career. Here in bigbook.ag, we will provide you everything you need to know on how to be a successful sports betting agent.
A successful sports betting business
Being a successful sports betting agent is solely measured on the success of his sports betting business. It is basic and common sense, one cannot be a known sports betting agent if their business does not have a good or established reputation.
A successful sport betting agent is the one who considers his clients (bettors and players) enjoyment first (because who will keep visiting a site if it bores them), the one who creates an easy – to – the eye interface and provides a wide selection of payment methods, and lastly gaining the clients’ trust. Bettors and players must not feel or be afraid to place bet that is why being a known legitimate sports betting site is very important.
With that being said, if you want to be a successful sports betting agent, you must be able to achieve the following factors mentioned.
Types of sports betting agent
Did you know that sports agents have different occupations? With that being said, enlisted below are the different types of sports betting agents you need to know.
Registration is 100% free as an operator/s. Bettors can place an order for thermal printers, A4 printer, banners, and many other equipment that will regulate your business to your liking with negotiation price/s.
Operator/s work directly with a betting company, you should keep in mind that; as an operator, you have to purchase a minimum of 20,000 units to start with the operation. This type of sports betting agent can manage as many shops under a single operator account.
The rule is to have a 40% commission rate so that you can have a profit master agent/s and teller/s to work for you. The total sales will be of 60/40% shared; as an operator, you will pay 60% of the weekly sales and the 40% goes to the business’s profit. If you are unable to pay for the business’s 1st week percentage, you will be blocked from your operator account and you will pay 10,000 to retrieve it.
Accounts can be done weekly. As an operator, you have the power to get interested applicants to register as your agents. You (operator) will shoulder their winning and get 10% of their weekly profit. Winning is subtracted from sales, company will bear the deficits.
Registration fee when you register directly via the master agent’s company, with a limit of 2 accounts only. Bettors can place an order for thermal printer, A4 printer, banner and many other equipment that will regulate your business to your liking with negotiation price/s.
Master agent/s works either with an operator or an existing company, you should keep in mind that; as a master agent, you have to purchase a minimum of 10,000 unit to operate your account/s.
Take note that you are only paying for the registration and not for the operator’s case study (registration is not free if you registered via an existing company operator). You cannot log in into the same account using 2 or more systems. Any log in attempts with an account that is already logged in will automatically be logged out.
The rule is to have a 30% commission rate so that you can have a profit master agent/s and teller/s to work for you. The total sales will be of 70/30% shared; as an operator, you will pay 70% of the weekly sales and the 30% goes to the business’s profit. If you are unable to pay for the business’s 1st week percentage, you will be blocked from your operator account and you will pay 5,000 to retrieve it.
Accounts can be done weekly. As an operator, you can recommend applicants but you cannot have a commission with them. You (master agent) will shoulder their winning and get 30-40% of their weekly profit. Winning is subtracted from sales, company will bear the deficits.
Sports bookie agent
A sports bookie agent works directly to an existing operator. The registration fee is 5,000 plus, there is no need for players and bettors to purchase a unit, a person can open as many accounts they desire; this includes the sports bookie agent account.
Accounts can be done weekly. Winning is subtracted from sales while the existing operator will bear the deficits. A sports bookie agent cannot let other agents register, but they can always recommend some to be a part of the company. Take note that a bookie agent will not get any commission/s on agent applicants. The only commission that a sports bookie agent will get is %30 of the weekly total profit and accounts done.
A teller works as a salary earner under a listed sports bookie agent. A teller’s task include paying 70% of the weekly sales to an operator while the remaining %30 as the profit of the week.
If a teller is unable to pay the operator’s percentage in the first day of the week, the teller’s account will be automatically blocked and is required to pay a total sum of 2,000 to retrieve the account.
Accounts can be done weekly. Winning is subtracted from sales, existing operator will bear the deficits. A teller cannot let other agents register but they can always recommend some to be a part of the company. Take note that a teller will not get any commission/s on the interested agents. The only commission that a teller will get is %30 of the weekly total profit and accounts done.
A [online] user account refers to a personal account where a player or bettor can self – play via desktop, mobile phone, smart phone, and also via your tablet. Registration is free with %50 of the first deposit and all transactions are done online. Do take note that these sites are not allowed for minors (18 years old below).
Being an online user is also considered as a sports betting agent because he has the capability to invite and recommend other people in the industry.
Before an online user can start staking sports bets, it is required to register on the site and fund the account. Make sure that the details inputted are accurate and corresponds to your bank account details (first name, middle name, surname, user name, password, email address, home address, age, gender, ). After a successful registration, an online bettor or player must select his favorite sport, player, league, etc. before placing a bet.
Now that you know how to and what you must do to be a successful sports betting agent (plus the types of sports betting agents), this type of gambling business will benefit you big time and for the long run.