How To Set Up A Betting Website

Posted onby
How To Set Up A Betting Website 6,8/10 6614 votes

Even though many sportsbooks now offer mobile betting, did you know that most punters still prefer to wager at home? When you think about it, this makes a lot of sense. There are some advantages to being able to bet on the go of course, but for the most part, betting at home makes a lot more sense.

Online Sports Betting Sites. Using an online sports betting site is far and away the best way to bet on football, or any sport for that matter. It’s the most convenient and accessible option, and there are several other advantages too. Best of all, it’s legal in the United States. There are some laws against online gambling in the US. If you are passionate about sports, it’s time you set up your sports betting site, and I’m here to tell you how. The process is easy, inexpensive, and most of all fun. All you need is a few players which you can easily get from your workplace, local sports bar, and of course your friends. Once you have a few guys lined up here is what you do.

Retail and Mobile Sports Betting in New Hampshire. Sports betting came to New Hampshire in June 2019 when the state legislature approved a bill authorizing up to ten retail sportsbooks and five unique mobile betting apps. The bill went to Governor Sununu and he signed it into law the following month. Meet surpassing betting website templates on MotoCMS easy website builder. Each design has a beautiful layout that will help you to create betting website with ease. You do not need any prior expertise in design or coding to create a betting website with MotoCMS. Pick a template and get started today!

If you are really serious about sports betting, however, you need to make sure you have the right kind of setup to maximize the advantages of betting at home. And that will be the focus of this article.

Why Bet at Home?

First of all, why is home betting superior to mobile betting on the go? Here are a few reasons:

  • There are distractions on the go.

  • When you are out and about, your environment is totally outside your control. Think about how chaotic some of the locations are where you are likely to encounter wi-fi networks. Sitting at a corner café betting while you wait for the train, you will be surrounded by a swarm of people. You also may be busy worrying about your commute instead of focusing on your betting. So there are internal distractions too.

  • Your home network is more stable and secure.

  • Think about the quality of a lot of the public wi-fi networks you have dealt with in the past. Do you really want a signal that drops in and out, cutting you off at that critical moment when you need to place a live bet? And what about security? Do you want someone to get access to your betting account and your financial information because you are trying to place wagers on an unencrypted connection? You can secure your home network with a password and encryption, and you can enjoy far more stability and speed as you bet.

  • Options are better on the full version of many betting sites.

  • The overall functionality of mobile betting sites generally is much lower than it is for the full versions of the sites. You may have fewer betting options available on the go. If you bet at home, you give yourself access to the most opportunities.

  • Refresh rates are faster on the full version of the site.

  • This should go without saying. Fast refresh rates are a must when you are a sports trader.

  • API applications are less restricted on your desktop or laptop.

  • If you really want to get the most out of sports betting, you will probably end up downloading quite a few API applications. Third-party software which is compatible with your betting site allows you to set stop-losses for sports trading, automate your bets, and more. The thing is, you will find there is a lot more available for desktop or laptop than there is for your mobile device.

Okay, So Now What?

How To Set Up A Betting Website

So now you have a lot of good reasons to do most of your sports betting at home. Mobile betting on the go can be useful if there is an event you really want to bet on when you simply cannot be at home, but you should aim to do as much betting as you can sitting at your home computer.

Here are the steps you should take to streamline and optimize your home betting setup:

  1. Figure out how to stream matches
  2. Set up a device to bet on
  3. Have backups in place
  4. Get your checklist and logs in front of you
  5. Eliminate distractions on your computer
  6. Reduce distractions around your home
  7. Make sure you are ready
How To Set Up A Betting Website

Let’s look at each of these in detail.

How to set up a betting site
  1. Figure out how to stream matches

  2. So how do you come up with the optimal home betting setup? The first step is to figure out a solution for streaming matches.

    What you need to focus on here is finding the best live stream you can. Keep in mind that when a stream says it is “live,” whether it is online or on television, it is not really live. There is always going to be some kind of a delay. Sometimes that delay is just a few seconds long, but other times it may be quite significant—as long as half a minute.

    The longer the delay, the harder it is for you to make smart betting decisions, especially if you are in a situation where you are placing live bets. If a stream is half a minute behind, and you make a decision based on what you just saw on the screen, you are actually placing a bet based on information that is already thirty seconds out of date. For all you know, the situation on the field has already reversed. If that is the case, you probably just threw away money.

    How can you find the fastest streams? Here are a couple pointers:

    Stick with online streams rather than television.

    Yes, television broadcasts may be more enjoyable to watch, but they also tend to lag further behind.

    Check FAQs for live streams offered by sportsbooks.

    You should be able to find out what approximate delay you can expect on the “live” streams. Contact customer service if you cannot manage to find the information on the site.

    You may balk at the idea of paying to live stream events, but it may well be worth it if you are getting a faster stream. Plus, most betting sites live stream the majority of sporting events completely free. Those they do charge for (typically horse racing and greyhound racing), they generally charge very little for—usually you just have to place a minimum bet ($1 or £1).

    If you’re trading sports, you might notice at some point that there are other punters who seem to know what’s going on faster than you do.

    This is sometimes a result of a practice known as “courtsiding.” This is where sports traders or their representatives are actually present at the event in the stands. Either they use that information right there to place bets, or they transmit it to someone else remotely who does the same.

    The Legality of Courtsiding

    Courtsiding’s legality varies from one jurisdiction to the next. In some countries, it is not a problem, but in others, it is illegal and can even command a lengthy prison sentence.

    In any case, courtsiding is probably not something you will be able to engage in unless you either have the money to travel to the events you bet on or the money to hire someone else to do it.

    The bottom line is that there are pros out there who are going to be acting on pertinent information before you ever have access to it. Even a few seconds can give them a significant edge over you.

    Once you figure out where you want to stream your matches, you are going to need to figure out which devices you want to watch them on.

    You can use a computer monitor for this (I would stick with a full-size monitor, not a tablet or other mobile device, so you can actually see what is going on). You also may also be able to use your TV.

    Remember that even if you are streaming online, you can still transmit that stream to your television screen if you have a compatible streaming media player for doing so. This is a great compromise if you want something which is faster than a TV broadcast, but still easier on the eyes than staring at your laptop screen.

  3. Set up a device to bet on

  4. Now that you have figured out your live streaming solution, your next step is going to be to set up a device which you can use for your betting.

    For this, I again recommend that you stick with a device which has a full-size screen. That way you can use the full version of the betting site, not the mobile version, which may not offer as much functionality.

    You can purchase a second monitor if you need to, and link both up so that you have an expanded desktop. This gives you plenty of room to work with, and makes it possible to display your stream on one screen and your betting interface on the other while using just one device.

    Alternately, you might be able to use a second computer—but before you try this, make sure you check the terms of service for the betting site you are using.

    If you will be streaming and betting on the same site on two different devices, you need to make certain that you are allowed to be logged in from two different devices simultaneously. If you are in any doubt on the matter, contact customer service and ask them about their policies.

    What if it is against their policies, but you still need to use two devices? Consider betting on a different site than you use to stream events.

  5. Have backups in place

  6. Next, you need to consider that something could go wrong with the devices that you are using to stream or place bets. Your internet connection could also go down. In both cases, you need to have backups at the ready.

    This is where a mobile device can come in handy. If your laptop or desktop has a problem, you can grab your mobile and switch that on instead.

    What if there is a problem with your internet connection? This is another way in which your mobile device can be useful as a backup. If you have a 3G connection on your phone, you can connect through that if your broadband goes down. In fact, if you need to, you can even turn your mobile device into a wi-fi hotspot. You can then use that connection on your desktop or laptop.

    Also consider that your sportsbook could have a technical problem. Even if you have a reliable connection and your devices are all working, if something goes wrong with the betting site itself, you could find yourself in a tight spot.

    Sometimes that could result in an unavoidable loss of some sort—but a lot of issues can be circumnavigated if you simply open accounts at multiple betting sites. You can use these as backups should something go wrong with the main site.

    Plus, opening accounts at multiple betting sites has other advantages. You can compare and shop odds with ease this way, switch between live betting streams, and so on. Remember, live betting streams may also experience issues. Some streams also are faster on some days and slower on others, so if you are dealing with that kind of variance, access to backup streams is important.

  7. Get your checklist and logs in front of you

  8. The technology end of things is taken care of—but that is not all there is to a complete home betting setup.

    If you are sports betting with any serious consideration of making money, you are doubtless going to be following a complex set of procedures, hopefully streamlined into a checklist. This is especially important if you face challenges with executive functioning skills.

    You also should be logging your activities while you are betting and recording your outcomes. For this, you might have a spreadsheet, a journal, or some combination of the two (I recommend both).

    I suggest that when you sit down to bet, you get your checklist and actually have it in front of you. Either open the document on your computer, load it on your mobile device or print it out an tape it to your wall. Either way, have it in plain sight so that you do not forget important considerations or steps in your betting process.

    It is also useful to have your journal and/or spreadsheet open so that you can take notes while your bets are in progress.

  9. Eliminate distractions on your computer

  10. So now you have everything you need to bet … but there is another important aspect to consider when it comes to your home betting setup, and that is getting rid of everything you do not need.

    You can start with checking for distractions on your computer. These days, a lot of us have various desktop apps which could distract us. These might include chat applications, file and folder sharing services, desktop notifications, and so on. Then there is your web browser itself, which could be a pretty big distraction all on its own.

    So close out of as much as you can. Exit out of chat applications and temporarily disable notifications while you are betting. Do not open tabs on your browser which are not related to betting. Do not check your email inbox. Your desktop should be as clean as possible. That way you have nothing pulling you away from your betting.

  11. Reduce distractions around your home

  12. Of course, there are distractions off your computer as well. But this is why it is great to be betting in your own home environment, it is an environment you have a reasonable amount of control over.

    So a lot of distractions can be reduced or eliminated in advance. Take the following steps:

    • Turn off the ringer on your cell phone so that you will not be tempted to take phone calls.
    • Tell anyone who lives with you that you are busy and do not want to be interrupted for the duration of the time you will be betting.
    • Close the door so that you do not have to deal with noise and movement from the rest of your home.
    • Pull the drapes on your windows if you get distracted by activity outside.

    Basically, treat your home betting setup like a home office. Try and create some division between the time you spend betting and everything else in your life.

  13. Make sure you are ready

  14. Finally, one thing which is surprisingly easy to forget but arguably is the most important aspect of a proper home betting setup is making sure you are ready.

    If you do not have your mental house in order, you are likely to blow it with your betting, no matter how great the rest of your setup is. Even though this is intangible, it is just as vital as every other aspect.

    So take care of yourself, and evaluate your mood before you ever sit down to bet. Make sure you are ready to focus and make smart decisions before you start staking your hard-earned cash.

Are you well-fed and hydrated?

Don’t sit down to bet on an empty stomach if you will be distracted by the thought of food. Bring a snack in if it helps you—but if a snack is distracting, make sure beforehand you are good to go. Likewise, some people find it hard to think on a full stomach, so you may want to avoid eating a large meal before you bet.

Do not bet when you are drunk, under the influence of other drugs, or hung over.

It is amazing what a big temptation this seems to be to people. Do not do it. Under the influence of any drug, your judgment may be compromised, and at the time, you may not even be aware of it. As to a hangover, well, talk about a major distraction.

Make sure that you are physically well and mentally alert.

If you are sick or in a lot of pain, you might want to hold off on betting unless you are already skilled at concentrating and making smart decisions under severe physical stress. You also likely have days where you are mentally sharp and others where it feels like you are lost in a mental fog. If you are in a fog, you might want to wait until your mind is more clear.

Check your emotional state.

It’s not going to be the right time to bet when compromised by anger, fear, overconfidence, or any other overwhelming emotion. At the very least, you should take a moment to become cognizant of your mood and how it may affect you. That way you can consciously deal with it instead of letting your emotions take the reins. You also can note your mood in your betting journal. Over time, you may discover that some emotions and situation disrupt your betting more than others. This can help you figure out when you can bet profitably and when to back off.

The more you monitor your physical and psychological state when you are betting, the more you will learn both about betting and yourself. Over time, this will not only prevent you from betting when you should be taking a day off, but it will also help you to gain more control over your moods and make more profitable decisions.

Conclusion: The Right Home Betting Setup Can Significantly Increase Your Profitability in Sports Betting

If you do not currently have an optimized home betting setup, you may be losing money unnecessarily through avoidable mistakes caused by distractions, technological glitches, and other inconveniences. When you get your home betting setup optimized, you will be able to tune into the fastest streams, you will have backups in case of malfunctions, and you will be able to focus on your betting without distractions. That means fewer mistakes and higher profits!

Get started betting at home with Bovada, one of our top trusted sportsbooks!

Also, even at home make sure not to make these mistakes.

More Great Articles:

How To Set Up A Betting Websites

With so many online money-making opportunities, sports betting is surely one of them. Sports betting has achieved a steady growth of 9% per year thanks to the technology and digital revolution, where you can bet on your favorite matches at the comforts of your home. However, some people are scared to jump into this business just because they think is complicated.

Well, it is not as simple as creating a basic website, but it is definitely doable. In this article, we will go through the steps for creating your own sports betting website.

  1. Choose a Niche

The first step would be to choose the niche of your sports betting website. Many people try to compete with already established betting websites by creating general websites with betting options for all kinds of sports. This approach is wrong, especially if you do not have a large amount of capital to advertise your website. You should look for trends and choose a specific sport. Maybe you want to look into specific NBA free picks or instead focus on a variety of sports like BetAmerica?

How To Set Up A Sports Betting Website

By choosing a niche you will be able to make better user experience and create special offers for your targeted audience.

  1. Website development

Obviously, developing a sports betting website is not as easy as a regular blog. You have to deal with standardization, licensing and credible software to use. The best way to go for is buying already developed software from established companies. Do not make the mistake of trying to develop your own software, just because it will lead to a lot of trouble that will increase your costs.

Since this is a serious website, handling a lot of transactions, the website development will cost you from 80 to 100 thousand dollars plus the same amount for making an app for mobile. A more complicated website like Bet365 is estimated to cost 1-3 million to build.

The more options you’ll have, the more expensive the development will turn out to be. Features like multi-currency gateways, customer relationship systems, software licensing, various types of rates are only going to cost you more money.

  1. License

This is also a very important part before you can go live with your websites. Building a sports betting website is not easy, just because you’ll need large amount of capital before you even start for licenses. You have to be aware that the license cannot be obtained everywhere.

Some countries in the Middle East and Asia have a complete ban on sports betting. Your company must apply for a license in the selected jurisdiction and the process lasts from couple of months to a year depending on the country.

You should search for the best countries for obtaining your license. Most online gambling companies go for:

How To Set Up A Betting Website
  • Costa Rica – Which is a stable country and offers cheap licenses for only $12,000 per year but you have to restrict your local access by blocking all IP addresses from the country.
  • Curacao – The process is very simple and there are no restrictions or special requirements in order to obtain a license. Also the tax rate is 2% lower than other countries.
  • Isle of Man – You can register all types of gambling. The cost of the license is a minimum $50,000 depending on the structure.
  1. Choose payment service

Choosing a reliable payment service is essential for building a successful online betting business. There are different things to consider such as fees, installation cost, integration, supported payments, and customer support. The best payment services to go for are Stripe, PayPal and Authorize.Net.

How To Set Up A Betting Website Free

These are the first steps you have to do in order to establish your online betting business. After this process, you have to advertise your website which is also a complicated process and costly. However, once you built your online gambling machine, it is hard to stop. It is a complicated process that involves a lot of time and money to complete so be careful what are you getting yourself into.