How to Launch a Sportsbook in 2022

Here’s a new guide on how to launch a sportsbook in 2022. First, we broke down the process for establishing a sports betting platform and analyzed the use of various bookie PPH solutions.

The online gaming industry is a dynamic one. The number of players continues to grow each year. In 2021, players from the US wagered $57.22 billion on sporting events. It was a 165 percent increase from the previous year. Also, they earned $4.29 billion in revenue. 

In Europe, sports wagering accounts for more than 40 percent of online gambling’s revenue. Insiders predict a yearly growth of ten percent until 2025. Also, sports wagering represents a large market in various emerging African markets. Infrastructure and legislation will make sportsbooks more accessible than other gambling options. 

Launch a Sportsbook in 2022

When launching a sportsbook, the first thing you need to do is check the license requirements. Each jurisdiction has specific requirements. They include player protection measures, marketing guidelines, and technical specifications. 

Unregulated markets are countries that don’t restrict online gambling. However, they don’t have rules that regulate the industry. Thus, you can operate an online sportsbook from an offshore location. 

When choosing a market, consider the level of competition, growth opportunities, and market size. If you are a beginner, we recommend targeting less popular markets. That way, you can avoid expensive licenses and tough competition. 

Once you have a market in mind, the next step is to choose a sportsbook platform. Also, you can either develop your platform or employ the services of a PPH provider. We recommend the latter because it is the most cost-effective tool to start a bookie business. To find the right one for your sportsbook platform, you should read PricePerPlayer.com pay per head review and other PPH reviews. 

When picking a PPH service, look at its tools and features. For example, does it have MLB sportsbook futures option? Also, check other gambling options available aside from sports betting.  

Start a sportsbook with 9DollarPerHead.com today!