Do you want to make a lot of money betting on sports? Do you have the desire to be your own boss and work from home or anywhere else in the world?
If so, then becoming a bookie agent may be the perfect career choice for you. Not to mention, you can earn a great living.
In this article, we will go over how someone can become one and what it takes.
Whenever you’re ready to dive deep into the betting world, keep reading and get your notes handy.
Who Is a Bookie Agent?
A bookie agent is someone who acts as an agent, or go-between, for people who are betting on sports. They lay off bets to bookmakers at a percentage of the bet’s value and get paid when they win their bets with other punters – plus commission from the bookmaker.
Bookie agents don’t have any control over which teams make it into games because that is determined by the outcome of previous matches, but they can help you find better odds than what your favorite betting sites offer in order to increase your profits.
In addition, many online bookies also allow players to create new lines wagering on something different than just straight-up winners (e.g., if team A will cover point spread) before placing a bet so long as there is a reasonable chance of the result happening.
Unfortunately, bookie agents get a bad wrap because they are often associated with illegal gambling and corruption. And even though there are a few bad apples, most bookie agents are trying to help their customers. It might be hard to find reputable agents, but they are out there.
Are Bookie Agents Regulated?
In terms of regulations and federal guidelines, bookie agents don’t have any legal requirements because they are not placing bets. However, state laws regulate gambling in each jurisdiction and may include penalties for anyone who is involved with bookie agents or other forms of organized crime that employ them.
Bookies Agents don’t have a lot of power when it comes to which teams make it into games since the outcome is determined by previous matches–but Bookie Agents can help you find better odds than what your favorite betting sites offer in order to increase profit.
In addition, many online Bookies also allow players to create new lines wagering on something different (e.g., if team A will cover point spread) before placing a bet so long as there’s a reasonable chance of the result happening.
Bookies Agents also help to make sure that there’s no corruption when it comes to a team, and they can provide odds on different teams in order for you to choose from. In some cases, Bookie Agents may create a system where the player gets paid if two or more of their predictions are correct.
However, becoming an agent involves more than watching sports all day long because agents must keep up with trends in the betting industry such as news stories like injury reports and coaching changes–or even general updates about the game itself (e.g., weather conditions).
It takes time and effort to become skilled at this trade but many people find it worth doing since Bookie Agents can earn between $25-$100 per hour depending on how much they charge.
How to Find Reputable Bookies
If you’re interested in finding a reputable bookie to hire or learn from, you can ask people in your community who are avid gamblers and sports fans for recommendations. You can also search online, as there is a variety of forums or websites where you might find good information about bookies to contact.
Bookie Agents work hard but they have the freedom to set their own hours and make their living from betting on sports events–so if this sounds like an occupation that interests you, then consider trying it out!
Bookies can be found in any state, so don’t worry about the location. If you’re considering working as a bookie, location doesn’t matter that much either. You’re probably better off by building rapport with clientele over the internet.
As a bookie online, you can find clients quite easily by advertising on social media sites such as Facebook or LinkedIn.
Once you’ve found clients, it’s time to set up your virtual meeting place for bets and post the rules of betting with pictures so that both parties know what the other is doing. You should also show a picture of yourself on this site (updating it every few weeks) in order to let people see who they’re dealing with before they start making transactions.
There are some bookies who like to use video chat software (Discord, Skype, Zoom) instead of chat rooms because there might be more security issues if someone gets hacked-but, either way works just fine!
What It Takes to Be a Bookie Agent
In order to become a bookie agent, you must have a deep knowledge of the betting landscape and constantly study odds.
Since bookie agents work with people who have money on sports, you should be ready to handle large sums of cash for each transaction and understand that customers may try to cheat or scam you – so it is important to know how to spot certain patterns or telltale signs in their behavior.
Bookies must also be able to accept payment plans from clients if they want them as referrals because not all punters will pay upfront.
In terms of education, bookie agents are mostly self-taught but can earn certifications through the likes of Betting Experts and Odds Matrix. In terms of skills, a bookie agent must be able to:
- Track and analyze odds for a wide range of sports
- Offer clients advice on bets that they should make, based on their personal preferences or financial limitations
- Know how to match potential customers together so they can bet against one another in an attempt to increase the bookie’s commissions.
Bookies also need to be able to speak with customers over the phone and via email while responding to emails quickly without making mistakes due to poor spelling or grammar.
Bookies don’t have set hours – instead, agents are expected to work whenever it is most convenient for them but must always keep track of when people are awake in order not to miss out on any business opportunities during those periods. Check out Ace Per Head’s bookie software to make your work that much simpler.
There is no formal dress code because you usually work from home or a coffee shop, but agents are expected to dress well and accordingly for face-to-face meetings.
Betting World Bookie Tips
When it comes to being a bookie agent, there is a lot that can go wrong or right. Here are some tips to ensure that your start in bookmaking goes smoothly:
- Be sure to have a high-quality computer with the necessary software if you’re planning on being an agent. The lack of one will lead to distractions which can hurt your work performance
- Register as a bookie agency in at least two states, and make sure that those are nearby so you can travel back and forth easily
- Don’t be afraid to ask for advice or tips from established agents – they know what it’s like starting out!
Keep in touch with your connections. Even though you may not be doing any bookmaking at the time, it’s always good to keep up on who is where and what they are doing.
Always know the rules for whatever game or sport that you’re betting on. You should also pay attention to how different events affect odds and lines.
If possible, try to find a mentor – someone who has been successful as an agent before so that they can help guide you through potential challenges down the line. Get into contact with event organizers, even if it starts out small like attending one or two meetings every year.
Entrepreneurship Made Simple
Now that you understand the basics of the betting world, you are that much closer to decide if you would like to become a bookie agent. In any case, there’s really no rush. The best bookies are those that know what they are doing, and knowledge comes from patient study and experimentation.
Don’t be afraid to try new things. If you’re like the rest, you’re only going to get the same results. If you’re striving for new heights and possibilities, you can achieve so much more.
If you’re interested in taking your entrepreneurship to the next level, check out some of our informative business articles on the sidebar or down below.