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Sportsbooks Switch to New Bookie Software Providers as NFL Season Nears
Last updated on August 22nd, 2020 at 10:45 am
The NFL season is just around the corner. Thus, sportsbooks switch to new bookie software to prepare for the new season. The global sports betting industry remained strong despite the pandemic. Analysts expect the industry to grow as sports leagues resume their seasons.
Analysts expect the global sports betting market to grow to $155 billion by 2024. The estimate includes a growth rate of 8.8 percent. According to the recent report, soccer remains the most popular sport to wager on. In the US, football is the number one choice.
As sports betting revenue continues its upward trend, many people want to become a bookie from home during the pandemic. As such, they are looking for the right bookie software to start their sportsbooks. Also, existing bookies want to switch to a better platform to optimize their revenue.
Sportsbooks Switch to New Bookie Software
Pay per head bookie agents can expect their income from NFL bets to be at par with their 2019 revenue. In some instances, the upcoming NFL season can lead to higher income because some players don’t want to go out and visit retail sportsbooks.
The Super Bowl is one of the sports events that get the most action each year. In 2018, it reached $158 million in total handle. Some players wager only on NFL games. They make their most significant wagers during the Super Bowl.
Although PAC 12 And Big Ten canceled their football tournaments this year, Big 12, ACC, and SEC will still hold their matches. Also, the NFL will have its regular season starting in September. The lack of PAC 12 and Big Ten games is negligible because most players wager on ACC, Big 12, and SEC games anyway.
Some sportsbooks are already preparing for the upcoming season. Some bookies updated their platforms to ensure nothing goes wrong during the football season.
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