Your sportsbook, at any given day, has thousands of betting options available to your players. It may seem hard to manage or monitor, but your sportsbook pay per head software takes care of that. But as a bookie, you need to know what the popular bets in a sportsbook are. These wagers will need more attention from your end, since you would want to manage these lines to maximize your profit margin.
You may also want to know what bets you can offer to your players, and these popular bets can net you more profit if you get more people to place these bets. Generally, some bet types stand out across all sportsbooks. And if you want to know if the same applies to your sportsbook, then use your bookie pay per head software to see where your players are betting.
Popular Bets in a Sportsbook
Of course, majority of wagers go to the three most basic bets: the moneyline, the spread, and the totals, or the O/U bets. These are the most common wagers bettors can place in a sportsbook, and these tend to be very active lines the closer you get to the game itself. Some special events, usually championship games, get more prop bets compared to regular-season games. So, prop bets should be on your radar as well.
But one of the fastest-growing segments in sportsbooks that are getting a lot of action are in-game bets. These are wagers that are happening during a certain part of a game. Years ago, betting lines would close just before the start of a game. Nowadays, some wagers will close, but in-game bets do not. These are very exciting for sports bettors, and these are wagers that you should be keeping track of, especially when you have a lot of players active during the games. If you do not know what sort of in-game bets are available, do not worry. Your bookie software solution has this at the ready, so all you really need to do, just like with other wager types, is to monitor, and adjust your lines as needed.