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Is Your Hold Percentage Holding You Back?

by admin on Friday, April 27th, 2012

Hold PercentageThe concept of “hold percentage” is one of the most important ones that you can ever understand. “Hold percentage” can be defined as the amount of money that you get to keep after winning wagers and losing wagers are graded as final. In other words, your “hold percentage” is simply a technical term for your profit. The average bookie usually maintains a hold percentage of around 5%. Of course, everyone wants to aim for much better than just average. However, if you don’t have a hold percentage of at least 5% the vast majority of the time, then you are going to want to start looking into alternate pay per head betting services that will ensure you stay profitable.

The good pay per head betting services can keep you at the average hold percentage. The best services, though, will take you up even higher. This is accomplished through a perfect blend of effective risk management strategies that make it possible for you to get rid of your consistent winners and keep the losers earning for you! Sharp lines also come into play. When combined with excellent customer service and lots of betting and gaming options for your clients, you’ll find that your hold percentage can rise dramatically in just a short period of time.

The only way to find excellent pay per head betting services, rather than just being saddled with an average one, is to do your research ahead of time. Don’t just go with the first service that you find or don’t simply go with the cheapest one either. In fact, those services with rock bottom prices are probably going to be the ones that do the least when it comes to helping you increase your earnings. You truly do get what you pay for in this industry, and spending a little more upfront can make you a lot more in the long run.

Always check into customer service, betting options offered to clients, and how long they have been in business. For best results, try to get a test login to see up close and personal what you’ll get from a particular service.

 

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