Growing a bookie is hard and could take months before you can earn good profits consistently. While sports betting is popular with millions of bettors in the market, getting a significant share is difficult. You might have the right betting markets, payment methods, and customer service and cannot package your services the right way to appeal to clients.
You might have enough money to market your services. However, you will still get no players if you cannot deliver your selling pitch well.
There are several ways to grow your betting base. Today, we explore how to use contests to grow your client base.
What Are Sports Contests?
Players want to feel engaged more than anything else on your betting platform. One way of doing this is offering live betting. Another rising strategy is sports contests.
Daily Fantasy Sports (DFS) is a popular form of sports contest. It is a tournament concept allowing bettors to enter with one buy-in. Then, players earn points from there as they rack up points to attain the highest number to earn prizes.
Another example of a sports contest is SuperContest by Westgate Las Vegas SuperBook. The goal of this contest is for players to pick five National Football League games against the spread weekly throughout the season. Bettors need a buy-in of $1,500 to enter the contest.
The person with the highest accumulated points at the end of the season earns a seven-figure grand prize. The top 100 finishers also earn rewards based on how many accurate picks they choose.
Players also love the Last Man Standing for professional and college football. The details about this contest may differ depending on who is offering it. For example, bettors enter the Last Man Standing for professional NFL with a $25 buy-in at Station Casinos, Las Vegas.
Then, the player picks one NFL game using the point spread each week. Every win earns a player some points, while every loss bounces the player back. The last player standing at the end of the season makes a whopping $75,000.
RealBookies Can Help
With such super exciting contests, players have no choice but to participate. You, too, can have a contest to attract your clients and keep them engaged.
Most of the above mentioned competitions occur at land-based gambling properties in Las Vegas. However, online bookies can also have incredible contests to offer their clients.
RealBookies has several exclusive competitions that your clients will love. Moreover, the company offers different contests in various sports to ensure that all your players are engaged in their favorite sport. Contact the company today to find out more about these competitions.