Pay Per Head Service vs Sports Betting Software

So a buddy of mine was asking about a dilemma he is having with the new sportsbook he is starting.  He wants to know whether he should buy a sports betting software which will cost him around $133,000 for a decent one or if he should use a sportsbook pay per head service.

So I told him to break down the pros and cons of each and to make a decision from there.  The pros and cons he came up with were very good so I thought I would share it on my blog.

Pros of  Buying a sports betting software

• Pros - You own the software
• Pros - You can change it however you want
• Pros - Only you and your staff will have access to the data
• Pros - It doesn't matter how many players you have, once the software is ought, you will not pay extra

Cons of  Buying a sports betting software

• Cons - Start up cost are expensive
• Cons - You have to buy or lease the hardware(servers)
• Cons - You have to have a lines manager
• Cons - You will need a staff for maintenance

Pros of Using a Pay Per Head Service

• Pros -You don't have to pay a lot of money up-front
• Pros -  You only pay for your active players
• Pros - You do not have to worry about buying and maintaining the hardware 
• Pros - Lots of gambling options like casinos, poker, live betting

Cons of Using a Pay Per Head Service

• Cons - Once you have a large amount of player the cost becomes more expensive then buying a software
• Cons - Other people have access to your players' information

In the end, my friend decided to use a pay per head sportsbook service to start and once he gets to over 1,000 players he will buy his own sports betting software.