Posted:
#26
Lots of dough.
How do you become an online sportsbook?
Posted:
#27
It's not just a website and marketing. The gaming industry is highly competitive, full of regulation and the costs to setup a real sportsbook would easily run into the millions just to get out the gate.
Think about: linesmakers, developers, licenses for software like playtech.com, then someone has to manage the lines, customer service, payment processing and the list goes on.
To become licensed in any recognized jurisdiction will run hundreds of thousands in legal and regulatory compliance.
If you want to white label, your costs are lower but so is your margin and your control.
$100,000 is a fart on Monday morning for any real sportsbook.
Sorry to burst your bubble :)
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