Online betting has become a global phenomenon, with more and more bettors from all over the world participating in the activity. The sports betting industry is now worth billions of dollars, and it’s estimated that the number of people placing bets on sports will continue to grow in the years ahead.
Technology has been a significant factor in this growth, as many bettors can access sportsbooks online and place their bets without ever leaving home. This makes it easier for people to get involved with online betting, which is why it’s becoming increasingly prevalent worldwide.
Sports fans also have more options regarding the types of bets they can place on various sporting events. From straightforward wagers like point spreads and moneylines to complex futures bets and prop bets, there’s something for everyone regarding sports betting.
Online betting grows in Portugal.
One of the countries where sports betting is growing at an excellent rate is Portugal. According to the Portuguese Gaming Regulation and Inspection Service (SRIJ), online gaming registered a growth of 8.6% during the third quarter of this year.
Between July and September, the GGR reached USD 168.8 million. Sports betting captured 43.5%, while other casino games accounted for 56.5% of GGR.
Slots are the game that grew the most, concentrating 80% of the volume generated by casino games.
Regulated Market
Portugal has a regulated betting market in which 15 authorized operators commercially exploit 26 licenses: 11 in sports betting and 15 in games of chance in general.
Active player accounts as of September 30 reached 771,300, an increase of +7.7% compared to the previous quarter. By age, the range from 25 to 34 years is the highest at 37.1%, followed by 35-44 years at 23.3%, and 18 to 24 years at 21.1%.
More markets for Pay Per Head Bookies
With an increasing number of countries legalizing sports betting, more people are getting involved with gambling and bookmaking than ever before. The result is that pay per head bookies have almost endless possibilities to grow their business.
Pay per head services offer a wide range of features that can help bookies expand their operations and increase their profits.
These services provide everything from advanced wagering software, to customer support, to comprehensive risk management tools.
Bookmakers can also use these services to manage large numbers of customers at once and automate manual tasks like setting odds, tracking bets, and collecting payments. All this makes it easier for them to focus on growing their business instead of spending time on mundane tasks.
The modern world of bookmaking is ever-changing, and bookies must stay on top of the latest trends to remain competitive.
Bookmakers can no longer afford to sit back and wait for customers to come to them. Instead, they must take advantage of all the opportunities the market offers them and expand their operations to as many markets as possible.
A Trusted Pay Per Head Partner
VIP Per Head is a leading bookie solution provider trusted by many in the online sportsbook industry.
The platform has since become one of the market’s most reliable and secure services, providing customers with an easy-to-use and feature-rich environment.
From their user-friendly website to their cutting-edge technology, it’s no wonder why so many have chosen VIP Per Head for their bookmaking needs.
Boasting hundreds of features such as automatic line updates, live betting software, a customizable call center, and email alerts, VIP Per Head is committed to offering its customers the best experience possible.
With quick access to reliable data feeds and up-to-the-minute sports news from around the globe, users can rest assured they’re getting only top-quality information.
Conquer the betting industry
The betting industry is highly competitive and becoming increasingly lucrative. If you have ambitions to conquer this industry, VIP Per Head is your best option.
This platform offers the most comprehensive and reliable solutions for running a successful sportsbook business.
They offer all the features necessary to establish a good betting site, from sophisticated software technology to experienced customer service staff.
VIP Per Head provides the most advanced tools and services available today. Their state-of-the-art payment processing system ensures that transactions are secure and processed quickly for immediate access to funds by players.
They also provide flexible customization options so their clients can create an environment tailored to their needs, allowing them to stand out from other betting sites in the same niche.
