What is the penalty for being a bookie?
May 19, 2018
People have been betting since the beginning of time, and depending on where you live in the world will determine whether or not it is legal to be a bookie. If it is not legal to book action on sports in your specific state or country then you would need to contact your local attorney to get a better idea of what the penalty is for being a bookie.
However, if you are located in the United States, then you are in luck because the US Supreme court just ruled that not allowing states to offer sports betting was unconstitutional. So now each state will be able to decide if they want to allow sports betting and what the rules will be.
There is expected to be as many as 33 states within the next 5 years that will make sports betting legal. This means that there is going to be plenty of opportunities to make money from the legalization of sports betting, and the number 1 way will be to use a price per head website such AcePerHead.com which will provide you with everything you possibly need in order to book action.
Ace Per Head provides a website, and mobile capable site, that has thousands of sports betting options, horse racing, and a virtual casino that players can use to bet each and every day, 24 hours a day, 365 days a year. All the lines and grading is handled directly by Ace, and as an agent, you will have your own backend that allows you to see all your open wagers, daily and weekly balances and more.
So with everything included Ace Per Head, only charges a price of $10 per active player a week, and whatever the players win or loss is handled directly by the agent. Considering that over the long term everyone losses when they bet on sports, this means this is a very lucrative business for bookies, just look at how well Vegas does each year. So now that there will not be a penalty for being a bookie, it is a great time to start a new business venture by using a pay per head website such as AcePerHead.com.