PayPerHead Racebook Review
We understand new pay per head bookies would like to focus on their sportsbook offerings and even their casino to some extent. However, you shouldn’t ignore racebook players if you want to host a successful, one-stop-shop betting business.
While sports betting has been a dicey enterprise in the U.S. market, horse racing and its odds have been widely accepted in America since the 17th century. While the U.S. sports bettor tries to catch up to the rest of the world, the U.S. racebook player is well established and ready to play.
Bottom line, anyone wanting to learn how to become a bookie in the U.S. market needs a racebook with their product.Here’s our review of the PayPerHead racebook offering.
Racebooks have a lot of tracks, a lot of wagers, and a lot of horses. The layout is key to giving your players a good racebook experience. The good news the PayPerHead design is easy to understand and made for both desktop and mobile devices.
The tracks are on the left, and upcoming races are on the top. When you choose a track, a list of all available wagers on the race immediately fills your page—info on odds and limits are at the bottom of your screen.
Overall, it’s a standard layout you’d see on most established online racebooks, so it was great they could incorporate it here for agents and their players so seamlessly.
Once you choose the wager you want, click “Add to Bet Slip,” and once confirmed, your bet is placed. Beside the “Bet Slip” is a very-much needed Reports menu that allows players to track their bets placed, final bets, and race results.
Obviously, significant races like the Kentucky Derby and others from the Triple Crown will be available when those events pop up. Expect your players to rely on this software to place wagers outside the standard sportsbook futures.
Overall, PayPerHead’s racebook layout was standard but a necessary standard – no complaints here.
Having a good amount of tracks is necessary, as hardcore racebook players will want a variety of tracks to bet on when they have the time. From what we’ve seen, PayPerHead offers a bit of everything.
All the major thoroughbred and harness tracks were at our fingertips, and the offered locations weren’t just central to the United States either. Tracks from Canada, Australia, France, Japan, and Sweden were all available.
Each track does have a limit of the minimums and maximums you can wager. More well-known tracks like Santa Anita Park had max bets of $1,000 with max payouts of $3,000. Smaller harness tracks had max bets of $100 with max payouts of $500. This is different from the racetracks that base their payouts on the pari-mutuel pool. However, because online books don’t participate in these pools, they go off track odds with their payout structure.
With all the essential racetracks available, we checked whether they had a suitable variety of wagers available for players and agents. The simple answer is they have everything.
Right after choosing your track, you’ll see a lineup of the types of bets available: Straight, Exacta, Trifecta, Daily Double, Pick 3, Pick 4, and Parlay.
Some tracks didn’t have Pick 4 available, but the rest had every type of wager you needed.
Once you choose the type of bet, more options become available. When we picked Straight, options on who we wanted our Win, Place, or Show were there with the amounts at our discretion. The same was available with Exactas and Trifectas, but with the extra perk of being able to box these bets was also added. No superfectas were available, but PayPerHead did add a unique parlay feature into the mix that we found interesting. Essentially, a parlay bet is a bet that rolls over. With parlay racebook bets, the bettor lets their previous bet ride on another bet. Win Parlays are the same but require the winners to come first.
When logging in to your PayPerHead software, your main page lets you track your horse racing product performance. The standard Won/Loss by Business Unit section also follows your horse racing bets daily, as well as the line chart just below.
You can also find out what events are popular for your racebook bets and which should help you with promotions.
PayPerHead provided “big picture” betting statistics, including lifetime bettings, overall player activity, and which specific wagers are being placed if you want to get a broader sense of your racebook’s performance.
These are integral, especially if you’re unsure how much attention you should give your racebook.
Overall, the PayPerHead racebook had us covered better than expected. In a perfect world, you would get the same payouts as you would at a real racetrack, but we doubt you or any other bookmaker wants to take the hit when your player hits a Superfecta filled with underdogs thoroughbreds. Their limits work for the new agent and offer enough to bring in racebook players who don’t have access to a track.
BossAction Racebook Review
You may be new to the bookmaking game, so you may not understand the importance of horse racing in the betting world. It matters.
For decades, the United States has long been the last gasp for sports betting online and off. But within that archaic thinking, racetracks have been perfectly legal. The Kentucky Derby is a haven for cocktails, thoroughbreds, and betting amongst celebs, politicians, and probably one of your grandparents. Don’t count horse racing out in your sports betting software; it’s the first accepted “sports” gambling in America.
Therefore, we want to dive deep into BossAction’s horse racing software to see if it can keep up with its sportsbook and casino offerings.
There are a ton of tracks, a ton of wagers, and a ton of info in every racebook. The layout might matter more than any other product.
For BossAction, the tracks are situated to the left, and if your players want to know the latest race they can bet on, it’s on top. Pick a track, and you’ll get a clear breakdown of when the race starts, the bets available, and the horse odds. BossAction understands that you can get overwhelmed by info on a racebook platform. It’s simple and intuitive.
When you’ve chosen your track, horse, and odds, you’ll have the option to “Add to Bet Slip” on the right and confirm it. Simple. The good news is BossAction understands horse racing vets make a ton of bets therefore, there’s a Reports tab that has three links: Bets Placed, Final Bets, and Race Results.
When the Triple Crown races come rolling around, this section will be huge for any and all of a bookie’s bettors. So it’s great that they took the time to lay out things properly.
Good news, BossAction provided a ton. We counted 13 thoroughbred tracks in the U.S. region with three Harness tracks when we checked out the software. Three thoroughbred tracks in Australia and two harness. One thoroughbred track in Canada and Japan, respectively, and even two in Sweden.
We noticed each track had slightly different limits. Some of the more well-known tracks allowed you to wager up to $1,000 with payouts of $3,000. But it could also be as low as $500. This is because no online software could pay track odds unless directly tied to the track. Those payouts are decided based on the pool of players betting at the specific track. Also, it’s to protect you, the agent. You don’t want to be left with the bill if a player hit’s a $100,000 superfecta. The track will have track odds, but the payouts will remain manageable for the agent.
Overall, great variety. If any horse racing fan wants more than BossAction offered for their racebook experience, they’re probably too sharp for your wallet anyway.
BossAction has the tracks covered, but what about the type of wagers? It looks like they had everything outside of wagers that could take your house.
When we selected one of the tracks, we saw a standard layout of Straights, Exactas, Trifectas, Daily Doubles, Pick 3s, and Pick 4s. And we saw something we hadn’t seen in horse racing for some time, a parlay bet.
What we read is a Parlay Bet was like your regular sports parlay. Choose your race result and carry it over to another to improve your payout. You could also do a Win Parlay, which means you have to choose the first-place winner every time. Not easy, but we found this feature enticing, mainly since it uses a language that any sportsbook player will understand.
Other standard horse racing features were available like exacta boxes, trifecta boxes, and all we had to do to decide on price was right it in the bet amount and checked off our horse.
The reporting portion of our racebook experience appeared primarily outside of the main racebook wagering section. The racebook data was mainly the same place you’d find data for sports and casino players. Won/Loss by Business Unit will tell you what your racebook is taking in daily – positive or negative.
You can also keep track of specific bets placed with a wagers’ ticker. Again, racebook bets can rack up quickly, so this is a great way to ensure you know what your players are up to.
We’ve gone through BossAction’s other products and have had an above-average experience. So we weren’t too surprised to see more of the same here. BossAction has delivered another great product that your new and vet horse racing bettors will enjoy. You, as a bookie, may get a little annoyed with the limits if you start getting hundreds and thousands of bettors. But for the new bookie looking to gain momentum and not take big hits, we think this is another excellent product to help build your bookmaking empire.