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Bookmaking Tips: Bookie Book Keeping 101

by admin on Tuesday, October 16th, 2012

Book KeepingHistorically, a local guy who takes wagers on sporting events (aka a Bookie), has relied on various, secretive methods to keep track of his business (aka Action).The famous Little Black Books, loose leaf notebooks, little pieces of paper with wagers written on them and yes, even PostIts stuck up in every available space around the house in an attempt to keep up with all of the complicated action on Game Day Sunday, are no longer viable.

Those days are over and done with when the old school Bookie signs on with a first class price per head service such as hostpph.com and becomes a modern, up to date bookmaker.  Welcome to the 21st Century!

These days, all of your bookkeeping needs are covered on one secure page on the internet to which only you have the access codes.  The reporting is so complete that most bookies will never even use all of the different options available.  Most of the reports overlap in some respect so that it is easy to double check any information at any time.  What used to take hours can now be done in a matter of minutes.

On one easy to use page, the Internet Bookmaker can check on such vital information such as weekly balances, player history, open bets and player totals to keep up with all player activity.  It is possible to click on any number and check on any wager, whether it be from the sportsbook, racebook or casino, and see exactly what went down.  Host price per head services digitally records all phone and internet wagers so that instant play back is available on a conference call between the bookie, the player and the professional Host agent to settle any controversy at once and for all.

The bookie who works with an excellent service such as HOST will also be able to access all of the reports necessary to keep track of his business and run it like a business.  That means making money and one of the most attractive features of working with seasoned professionals such as the client services agents at HOST is that our Bookies hold an average of between 8% & 11% !  Compare that to what you are holding now and you will see that it is really a no brainer to contact one of our helpful, friendly agent account reps at Host and put yourself in a position to make more money and have more time to attend to the most important parts of your business which are collections, payouts and even recruiting new players to your site!  Give them a call and start enjoying life more beginning today!

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