Wednesday, September 11, 2013

Sports Betting Software and NFL Week 2 Picks

Hello everyone,

As we go into the NFL Week 2, I have some great picks I want to share with you which will hopefully increase my winning picks record As this MLB season has been destroying me.

But first, I want to talk about a buddy of mine who has been looking to open his owns sportsbook and has been shopping around for a sports betting software to fit a small sportsbook.  As he went through the experience with me I was a bit chocked. 

I always knew that a good sports betting platform was expensive but never realized the extent of it as a good software will run you at least $20,000 and the premium software can cost over $100k

I am of course talking about owning the software straight up and none of that pay-per-head or having an account in someone else system.

My NFL Week 2 Picks for 213

St Louis at Atlanta  -7.5 Atlanta
San Francisco at Seattle -3.5 Seattle
Miami at Indianapolis -3.5 Indianapolis

3 comments:

Bookmakersbet said...

Great blog. I am always waiting for yor betting picks.

White Label Sportsbook said...

Actually if you're looking to OWN the solution it can be very very expensive. There are lots of junk "scripts" out there, you can't run a sportsbook off a "script" out of principle. Scripts are for blogs, small sites, CMSes and so on. Sportsbooks are massive platforms driven by tons of data which by itself requires a good infrastructure able to do some serious heavy lifting.

Looking at some of the big sportsbooks, all of them spend in the range of millions each month on development, maintenance, data feeds, hosting, staff, security...

Content alone can be very expensive - for instance a DonBest subscription for the "big six" US leagues can cost around $2000 per month (just to get the XML data). Betradar can charge somewhere around 40000 EUR / month for a somewhat limited global feed with in-play management. Enet can also be in the high 4 figure range with pre-game only data. GSM is somewhere in between the last two.

Your best bet would be to get a white label installation from somewhere that comes with infrastructure and content. Running a sportsbook is not a one-man business, you WILL need customer support, market management, content management, security, financial, technical, for a single person to be able to fulfill all these roles is something between not possible and not in this universe.

Sadly the market is getting dumped by a bunch of low-end shill companies that promise a lot yet deliver only bills and leave you with a sour taste.

Football predictions said...

I am also waiting for your pics. I know one another platform for Football predictions and sportsbook and that is master betting sports. I hope this will become best platform for you.