Wednesday, February 11, 2009

Starting a Sportsbook in Costa Rica

Starting and owning a sportsbook in Costa Rica has been a question that many people have emailed me about lately. I am not a sportsbook owner so I am not sure why people have been asking me about it but I do have some knowledge about what is necessary to open a sportsbook in Costa Rica.

The first thing you will need is money. Owning a sportsbook in Costa Rica is just like any other business and you will need starting capital. How much you will need will depend on many factors such as:

  1. Betting Limits
  2. Post Up or Credit
  3. Hours of Operation
  4. Full Juice or Reduced Juice
  5. Staff
  6. Office
  7. Cost of Server
  8. Cost of Software
  9. Website Designer
  10. Programmer
  11. Banking Options
The Second thing you will need is a website and the sportsbook software.

The third is a dedicated Server to host your sportsbook. A regular server will only take you so far and the software needed needs a lot of space as well as a database.

The fourth is a good banking system. Its useless to own a sportsbook if you can´t take money in and out.

The Fifth is the staff. If its a small sportsbook and you intend to do all of the customer service by yourself then you can get away with just a lines manager and a programmer.

The Sixth is you need to register a company.

These are all of the things I can thinnk of right off the top of my head but since I wanted to make a decent post I actully did some research on how to open a sportsbook in Costa Rica and found this company that can help get you started. So here is the link to get you started on your way to Owning a Sportbook in Costa Rica: http://www.blindmonkeymedia.com/sportsbookcreation

From what I understand, this company offers consulting on how to open a sportsbook in Costa Rica and can provide you with the software, help you with getting the company registered in Costa Rica, getting office space, banking, website design and everything involved in opening your own sportsbook in Costa Rica.

1 comment:

Unknown said...

Very informative post. We have used a few organizers in Latin America that get things done in regards to establishing our sportsbook brand. I am not sure if anyone is still interested, but you may contact me if you have interest and perhaps you may find it useful.
gamemakerus@hotmail.com