It's called "pay-per-head" sports betting. All your local is doing is paying some off shore or even American company to use their software and service. Your bookie probably pays $5-10(or more depending on how nice it is) PER account PER week, does nothing because everything is ALL handled through the "pay-per-head" service. Your bookie can also controls the betting amounts/limits, JUICE( some books charge -115,-120 per bet), what you can wager on (some books don't allow "weird" sports like international soccer, cricket, S. Korean basketball) what to turn "off" (for example, my local turned off live betting because he thought it wasn't fair to him). All you bookie does on your date of settlement, is logon to his "master account," look at what people owe and are owed and settles it. the book does no accounting because the software does it all and it tracks and logs ALL bets.
It's the new way of sports betting. You log onto a website that is specially tailored to your bookie, he gives you the password, you logon, make your bets and the software company keeps track of everything. Lines move and adjust automatically according to whatever standard they set it to (either off shore odds or vegas odds and sometimes off shore lines differ from vegas odds) Long gone are the days where you call your local to place a bet at whatever odds he has at the moment or texting your book what you want to bet. Everything is tracked electronically through the "pay-per head" service.
Some of those pay per head services also have a "casino" feature. SLots, blackjack, craps, live dealers, you name it anything in a casino. I'll advise you to stay away from that cuz your bookie can adjust the odds in the casino to HIS favor and those games are SUPER RIGGED no matter what they say. Besides, would you really want to blow $1,000 worth of credit on rigged slots/blackjack/roulette?
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