Whether you’re setting up your own sportsbook or working with an existing one, you’ll need money to get off the ground. The amount you need depends on the number of bets you anticipate taking each day. In general, you’ll need at least $20,000 to get off the ground. However, if you’re planning to open a sportsbook in a high-traffic area, you may need as much as half a million. The minimum daily bet you take should be at least 20% of your handle, and you’ll need to have enough cash in reserve to ensure you don’t go broke.
FanDuel
FanDuel is a leading sportsbook that accepts bets from states throughout the United States. Customers can place wagers on various sports and events including basketball, Australian rules football, and Challenger Tour tennis. There is also a complete selection of futures markets. In addition to betting on major events, FanDuel also offers props and contests.
The platform is fast and user-friendly, and the interface looks sleek and professional. There are rotating banner ads, a useful FAQ section, and a variety of promotions and bonuses for players to choose from. The FanDuel sportsbook also offers a mobile application that’s easy to download on an iOS or Android device.
DraftKings
The DraftKings sportsbook offers a modern app that’s easy to navigate and works well. While it’s not as sophisticated as some sportsbooks, it does offer a wide variety of bets and sports. You can even make live bets. The app is available for Android and iOS devices.
One great feature of DraftKings is the Dynasty Rewards program. It’s unique because it utilizes Crowns, which act as loyalty points. As you accumulate Crowns, you can move up the tiers. The number of Crowns you earn during a month will determine your tier placement.
Bovada
Bovada is a Canadian sportsbook that formerly went by the name Bodog. Calvin Ayre was the owner of the company. After the UIEGA shut down sportsbooks in the United States in 2006, Bodog managed to keep operating. Ayre eventually sold his stake in Bodog to the Mohawk Morris Gaming Group, a Canadian company based in the Canadian Indian Territory. The company has continued to expand its sportsbook operation.
The online gambling site is available on a number of platforms, including mobile devices. It is also available on the web. Signing up for an account is easy; you’ll need to verify your location, phone number, and email address. Bovada offers several tiers of accounts, ranging from basic to higher-end features such as a VIP room.
PointsBet
The PointsBet sportsbook offers traditional betting systems and betting markets on sports such as moneyline, spread, and futures. It also offers a unique Pointsbetting option. It also offers odds and a live betting feature for football and basketball games. The company also employs former professional athletes such as Allen Iverson and Darrelle Revis.
The PointsBet interface is top notch on both desktop and mobile. This allows even novice bettors to fully enjoy the product. Additionally, it is easy to navigate thanks to the wager categories and betting styles. PointsBet is a reputable sportsbook that is publicly traded. The company is owned by Pointsbet Holdings Limited, and it offers both online casino games and sports betting.
South Point Hotel & Casino
The South Point Hotel & Casino sportsbook and racebook are a couple of great options for those who enjoy watching sports. The sportsbook is located in a separate area from the horse racing area. The sportsbook has a variety of seating options and plenty of screens for viewing games. The sportsbook at the South Point is one of the largest in Las Vegas.
The South Point sportsbook features multiple plasma TVs and two wall-sized big screens. There are more than 100 seats in the sportsbook area and additional seating in the USBC Lounge. The South Point sportsbook staff is friendly and eager to help novice and seasoned sports bettors alike.