Have you found yourself wondering how to be a bookmaker? Because I sure have wanted to know how to be a bookmaker before I started out as one. If you want to know how to be a bookmaker, you can ask current bookmakers on how they started out in their field. You can also try browsing the web on how to be a bookmaker and succeed in the industry. But before getting to know how to be a bookmaker, one should know what a sportsbooks is such as Betbubbles and Centrebet. It’s only the logical step to take.

A bookmaker, also known as a bookie, collects payments from everyone who’d like to bet on a specific sporting event. For example, in horse racing, bookmakers are available all the time. They collect money from the gamblers and place their bets for them. A bookmaker should also make sure that the “juice? he/ she earns is based on a fixed percentage on the total amount of money bet that he/ she has received during the event.

Are you ready to know how to be a bookmaker? The best way to know how to be a bookmaker is to start out as a “runner? first. A “runner? earns half the amount of the losses of his/ her clients. As a runner, you report to a bookmaker and from this, you’d get ideas on how your boss does the job.

If you’re really interested on how to be a bookmaker, try hanging out on local clubs, bars and sports centers and observe other people hanging around. Introduce yourself to people and make friends. Show up during sporting events like the Melbourne Cup, the State of Origin, and AFL Grand Final and other major events. Get to know people and ask around about who’s betting on Team A and who’s betting on Team B. By setting the spread, you earn the “juice







?.

Answering the question on how to be a bookmaker is as easy as that. But maintaining your reputation in the industry is harder.

After introducing yourself to the people, get a phone line exclusive for your business. Give out your phone number to the gamblers and to your runners. As you receive bets from your clients, be sure to tell your clients for a ball game that they should pay the juice- mostly 10% to 15%- if they lose. Aside from sighting the percentage, give them the exact amount on how much to pay you.

Set a specific day of the week where you can make settlements. Set a certain place, probably a local club where majority of your clients hang out, where you can meet up with clients so they can make and collect payments. The best day of the week would be the day after the game where you’ve spread the bets. Always make your betting book available both for the losers and for the winners.

Now that you already know how to be a bookmaker, always remember that trust is a very big issue between a bookie and a customer. Always be honest and frank when you talk to your clients, especially about money issues. Never make promises you can’t keep.

Now it’s your turn to become the next TAB Sportsbet, the next Luxbet, or if you really want to get fancy – the next Betfair!