Questions about starting a sportsbook

my take on this...
you would need in excess of about ten million or more?..  for starters. 
every casino in vegas has more than enough money in house to pay for any bet that could be made. what if one player htis a huge $100,000 parlay? (i use that number since that is the most you can win in one day for most online books).  you need millions of revenue just sitting there waiting, for a sportsbook to last, otherwise it is a virtual bank and you lose money until your customers lose bets and you take the commision. i am sure you thought of this already.

you need huge databases for keeping track of your customers, all account information, bank info, transactions,and you need to stay on top of the line movement of the sports games. dont forget a lot of security.you need several computer servers, a building, websites, employees... on and on.
thats all a lot of work and a lot of money to control.

countries include anywhere in caribbean. since you live in the us it would be close.   betjamaica is in ..well obvious answer. and they are a popular book.

no need for a sister site if you are outside the us operating the site. most other sportsbooks dont have them.  also you dont see any sportsbook run ad's thru any major media so the internet will be your friend.   for example look here at covers.  everywhere you see its ads,ads,ads for sportsbooks.   you need promos to promote. 

also instead of trying to make a sportsbook think about being an affiliate for one first.  make your own website and contact a site.  i know with betjamaica  (who i use) that they offer 25% of the house's take for your referral from your website plus a commission on each of their deposits.

hope some of this helps.  .

If you don't see the type of betting you are thinking of their must be a reason. Books will offer everything imaginable as long as it is profitable. If you believe you have a great idea contact a reputable sportsbook manager and discuss the form of betting with him for a cut. Just like people who invent table games for casinos.

Good Luck with what ever you decide.

what type of betting were you going to offer? 

Whatever happen to this....were you able to get a sportsbook going?

who is your meth dealer?

I believe the license in these countries runs around 150-250k. And thats to be legal there. The problem is the credit cards and bank transfers that would I guess you hope coming from the dry US markets. At that point, why do you think no company touches US business anymore? I miss having my overseas account years back. They actually paid me when I asked. But even in the 90's, I started having issues with western union, and that was only the beginning. The company I dealt with went under after the FBI got involved with them. And never signed up again basically because I couldn't trust anything I read while trying to find one.

When I see them offering all these crazy things, I knew something couldn't be true. Plus I had gone around the block with a tout service also. Which I'm glad to say, I only paid once. When I heard an advertisement saying they had the winner of a game, when they gave me the opposite side.