Gambling Niche
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Top 3 Profitable Online Business IdeasBy now everyone knows that the best way to start a business is not to rent an expensive office or commercial space and pay for print advertising, that is of course unless your business happens to be in the food and beverages or hospitality industries which require customers to be physically present.
Take Advantage of New Market Trends
Businesses that focus on offering services are an excellent fit for the online market. Today’s technology allows even small businesses to thrive with relatively low initial investments. The question then becomes, which niche or industry should you try to venture into.
This is not an easy question to answer, it depends on your individual interests and capabilities; but, if you happen to be passionate about sports betting then keep reading to find some excellent gambling business ideas that might be what you have been looking for.
Online gambling is one of the fastest growing markets worldwide, and it is expected to reach $96.89 billion by 2024, this means the market is projected to expand at a compound annual growth rate (CAGR) of 10.8%.
These numbers were based on market conditions from 2016; with the recent supreme court ruling that effectively lifts the federal ban on sports betting, those growth projections will undoubtedly increase in the coming years, making this the ideal time to jump into action, here are the top 3 most profitable gambling business ideas we think you should consider.
Start an Online Sports Betting Business
As you just saw, the sports betting industry is one of the most profitable niches, and it is only going to get bigger and better. We estimate that within the next 5 years at least 32 states will have passed legislation to allow sports betting, and once the remaining states see how much revenue this industry can generate they will follow suit.
The one caveat here states will limit the number of companies that will be allowed to operate, which means only the companies with experience and sufficient resources to adhere to the terms of the legislation will be allowed to participate. The good news is this will take about 5 years to be enacted, giving you enough time to establish yourself as a contender.
Starting an online sports betting business on your own can be difficult and risky not mention extremely costly. If you really want to jump on board the best way to work with a pay per head company. A pay per head or PPH is a company that provides sports betting services including betting software, servers, and databases, and of course the betting odds.
There are lots of companies offering these services, but, you want to go with a well-established pay per head that has a proven track record, you can do your own research, but we suggest you start with www.AcePerHead.com.
This is a company that has been in business for over 20 years, and over the course of these years, they have established themselves as leaders in this highly competitive and ever-changing industry. Their top-quality services and innovative outlook has helped them stay at the forefront of the technological revolution that has taken over this industry, for you as a new sports bookie this is something that will prove invaluable.
Out of the top 3 gambling business ideas we will discuss in this article, sports betting is undoubtedly the one that offers the most profitability, but, don’t expect to become a billionaire overnight, it will take time and effort to build your brand, but as long as you have professionals by your side you should be ok.
Start an Online Casino Business
The first casino was established in Venice Italy and dates to 1638, this means that casino games have been popular for close to 400 years now, and in truth, they have undergone somewhat of a renaissance with online casinos.
Because brick and mortar casinos are only allowed to operate in certain jurisdictions within the United States, most people who enjoy playing them don’t have the opportunity to do as often as they’d like, but when the first online casinos popped up on the internet they were an instant success and continued to be to this day.
Online casino games have gotten more sophisticated over the years, with improved graphics and sound effects, not to mention the sheer amount of slot games that are now available in the top of the line virtual casinos.
If you feel starting an online casino is the best option for you, then you are in luck because the same company that can help you start an online sportsbook can also provide you with everything you need to launch your online casino.
AcePerHead.com has two casino products that have proven to be hugely profitable, their virtual casino will delight your players with the variety of slot games, video poker, blackjack, and other assorted games, while their live dealer casino will grab their attention with the fantastic HD live stream video of beautiful female dealers.
The live casino product was designed to maximize player engagement, and offer a hyper-realist casino experience, the closest thing to being in a brick and mortar casino. Players can even chat with the dealers in between games, making it a highly personalized experience.
Become an Affiliate for the Best Pay Per Head Company
If being a bookie is not something that excites you, but, you have expertise in online marketing and want to be part of this profitable and exciting industry then perhaps becoming an affiliate for AcePerHead.com is the way to go.
Once you start researching pay per head companies, one thing will become clear, almost none of them offer an affiliate program. AcePerHead.com is one of the few that does, and their simple payment structure and monthly payouts have proven to be an excellent source of income for internet marketers for years.
Becoming an affiliate for a respected pay per head company like Ace Per Head, will be the easiest money you will ever make, their conversion rate is outstanding, and their retention rate is even better, this means you are guaranteed to make more money with them than any other affiliate program you can find in this industry.
There has never been a better time to venture onto the online gambling industry, the prospects for growth within the US in the next 5-years and increased profits that will accompany this growth make it the most exciting and profitable online niche today. Contact AcePerHead.com and learn how you too can start reaping the benefits.
When it comes to sports betting in the US the Big 4 draw the heavy action. Football, basketball, baseball and hockey have millions of loyal and passionate fans who pour millions of dollars into bets of all types. But they’re not the only options on the US sports betting menu.
You might be surprised to see just how many global sports you can bet on, from the depths of the Belgian soccer tiers to the flashy heights of TWO professional darts leagues. We’re not kidding about betting on darts.
Gaming Niche Gameplay 2
If you’re looking to expand your betting horizons, do a little exploring in your sportsbook lobby and you’ll find plenty of new and intriguing ways to get a bet down.
Why bet on other sports?
Much like the Big 4, “niche” sports feature the world’s best athletes/performers doing what they do at the highest level. Whether it’s cricket, NASCAR or swimming, the top athletes are phenomenal. They’ve literally spent most of their lives perfecting their skill or craft.
Why not give them an audience? And nothing gets you more personally embedded or engaged in a new sport more than betting on it.
There’s another benefit to adding a few niche sports to your betting portfolio: Time is money at sportsbooks. Oddsmakers spend most of their time on what moves the needle. That generally means setting very tight betting lines on the NFL and the rest of the Big 4.
That in turn means there’s a decent chance you’ll find better odds and more beatable lines in less-trafficked sports. Those who do the legwork and find those edges can usually ride the wave for a while. Here are some “other” sports to consider with your sports betting dollar.
1. Auto Racing
When it comes to general viewing interest, NASCAR isn’t exactly a “niche” sport. All of the big NASCAR events are shown on major outlets (FOX, NBC) and race days draw millions of eyeballs.
From the perspective of the average football or basketball fan, though, watching a bunch of cars go in circles for a few hours can be a tough sell. We’re here to tell you it is a sensationally fun sport to lose an afternoon in. And as far as sports betting goes, NASCAR is just beginning to hit its stride.
There’s a whole lot more to betting on NASCAR than just picking the outright winner. Sportsbooks are responding to the new demand with innovative offerings and a wide range of props and futures. Fastest qualifiers, podium finishes, fastest lap, head-to-heads … all kinds of fun bets to be had.
NASCAR has also recently signed a deal with data and technology group Genius Sports to provide NASCAR bettors with real-time odds and data to enhance the race-day experience.
For more on NASCAR betting, check our deeper dive here:
One step closer to F1
NASCAR isn’t the only circuit for betting on auto racing. Formula 1 racing doesn’t get a ton of attention in the US, but it’s an incredibly thrilling sport with plenty of diehard loyalists.
Formula 1 features the world’s fastest cars, incredible tracks and a storied history that adds new chapters with each passing season. As an added bonus, it’s not all that hard to wrap your head around your betting options.
This is a sport in which favorites win a lot so you’ll find that only a handful of drivers have a realistic shot at winning each race. The same holds true for the year-long team and driver championships.
Essential Auto Racing Betting Tip:
- Check the weather and the track. Some drivers excel in adverse conditions and some don’t. Some excel at twistier courses. Some like the biggest straightaways. If you want to find a winner on a particularly rainy track, the stats will tell you the best bets.
Where you can watch and bet
You can catch NASCAR on FOX, NBC, FS1, and NBCSN. Formula 1 races can be found on ESPN at times, but the majority of races are on ESPN2. Check the app versions of all of these networks for streaming options.
Where you can bet auto racing online: PA, NJ, WV, IND, NH, IOWA, CO
2 & 3. Golf & Tennis
Golf and tennis aren’t “niche” sports in the traditional sense either. They both have huge followings and tons of fans, as evidenced by TV ratings and extensive coverage of both major circuits.
That said, they still fall into the “niche” category as far as betting goes. The total handle they bring in to US sportsbooks pales in comparison to that brought in by NFL betting or NBA betting, for example.
Things are changing, though, as the legal sports betting environment across the US evolves. And there are plenty of folks catching on to how much fun golf & tennis are to bet on – especially live.
The Majors get a lot of the attention in both sports but there’s action to be found every week on both the PGA Tour and the ATP and WTA tours. Golf and tennis run nearly year-round, too, so there’s almost always a tournament to bet on.
Futures, coverage, data, streams
Betting options for golf and tennis are almost bottomless. You can bet on outright winners, focus on head-to-head matchups, dig into props, or explore the depths of live betting for both domestic and international events.
Speaking of live betting, it’s a huge growth area for both golf and tennis. Viewers and streamers can bet on the next hole in golf or how the next point will break in tennis among lots of other live bet options.
Technological developments in golf and tennis coverage have helped make this possible, both from a streaming and tracking perspective. While there’s plenty of room for referee error in major team sports, that’s just not much of an issue here.
You can also zoom in or out of the action at any time. This may include a specific set as a match evolves, or a particular stretch of holes, like Amen Corner at the Masters, for example.
The futures market for both sports is also incredibly active, especially when it comes to projecting the winners of the Majors. The odds board is constantly updated and it actually makes for a handy research tool to use as you judge recent form.
Essential golf/tennis betting tip
- Golf and tennis have plenty of stats that research-minded folks can dig into. If you take the time to research which golfers play well on which courses, and which tennis pros excel on certain courts, then you’ll find a slight edge. Season-to-date performance and earnings are other good areas to focus on as is any injury news that may pop up.
For more on golf or tennis betting, check our deep dive pages here:
Where you can watch and bet
Golf and tennis can be found on the major broadcast and cable networks. Additionally, there’s a golf channel for early round coverage and other events, and a tennis channel which covers tour stops that don’t receive a ton of press. For live streaming, lean towards the app of the network broadcasting the event.
Where you can bet golf and tennis online: PA, NJ, WV, IND, NH, IOWA, CO
4. MMA/UFC
Back in 1993, a classic bar debate came to life. What would happen if the best of the best from different fighting styles got together and mixed it up? Who would win?
The Ultimate Fighting Championship (UFC) was born to answer that question. From relatively humble beginnings as a sport with a niche following, UFC (and various MMA offshoots) have grown into massive businesses.
It’s not a reach to say MMA is the fastest growing sport in recorded history. UFC fight cards attract millions of viewers, tons of media attention and a comparable level of betting action.
While sportsbooks do their best to put up the odds and lines that make the most sense, there are a ton of variables that just can’t be accounted for. You’ll also find scores of props and in-fight betting opportunities.
Since you’re likely watching a UFC event anyway, why not dig a little deeper and get some skin in the game? While UFC is the biggest organization there are other options to consider including Bellator. If you’re willing to put in some effort, there’s money to be made on fight night.
UFC betting tips for amateur bettors:
- Finding an edge in UFC and MMA can simply come down to spotting those little pieces of information others aren’t paying attention to. Is one of the fighters focused and locked in while his opponent is more worried about publicity?
- Recent form is key, as is how fighters have fared against opponents of a similar skill set to the one they are facing. Additionally, examine the quality of recent opponents. Fighters can rack up impressive records in UFC, but closer examination can reveal that they haven’t faced anyone of note.
More on UFC and MMA betting on our deep dive page here:
Where you can watch and bet UFC
The biggest cards in the UFC will be found on pay-per-view. Other events can be streamed live on ESPN+, and you’ll find additional coverage on ESPN. As for betting, UFC is easily found at all of the major sportsbooks, but you may have to do some digging to find Bellator and other forms of MMA.
Where you can bet MMA and UFC online: PA, NJ, WV, IND, NH, IOWA
5. Horse Racing
Horse racing has been around forever, right? But when was the last time you went to the races? Or watched a horse racing simulcast?
The Sport of Kings is under a lot of scrutiny these days (and rightly so), but done properly it is still one of the most thrilling and breathtaking events in sports. That goes especially for the Triple Crown races – the Kentucky Derby, Preakness Stakes and Belmont Stakes.
But there’s a whole lot more to see across the horse racing world, too. International horse racing is big business and you can bet on tracks from Hong Kong to Dubai to Oslo all day, every day from your own home.
Thanks to the wonders of simulcasting, live streaming, and advance deposit wagering, it’s a reality old school punters likely never imagined possible.
Horse racing may be a step or two removed from its heyday but there’s still a thriving racing circuit across the US. Take advantage of it and explore the rich history of thoroughbred racing across the country.
Always a race to bet on
If you like your betting sports filled with easy-to-come-by and detailed information, horse racing will be your jam. If you like researching stats in other sports, you can learn to do the same with the ponies quickly and easily.
There’s almost always a race to bet on to practice, too. In fact, you may be surprised to learn that a number of the sport’s other big events – Saudi Cup, Pegasus Cup, Breeders Cup, etc. – attract loads of attention.
As of March 2020 it’s completely legal to bet on horse racing in 32 states. And there are plenty of different ways to bet, ranging from straight race winners to exotic and pick 6s, which are akin to sports betting parlays and offer the chance at some big winnings.
After just a little bit of seasoning, you can learn what to look for in a horse, what jockeys have the upper hand in a race, and which tracks attract the best talent and most action.
How can you find an edge?
- Horse racing is one of the oldest forms of legalized wagering, and there are a ton of different strategies to be found as a result. Take the time to study a few different approaches and pick out the best pieces from each. From there, you can concoct your own plan to dissect a race card.
- You may be surprised that there are a ton of stats to consider when it comes to horse racing, both for jockeys and horses. It’s easy to get lost down the rabbit hole as a result, but you can keep it simple. Among the key items to focus on are speed rating for the last three races and total earnings for the year to date.
- Turf vs. Dirt, Track Conditions, Class Dropdowns and Layoffs – get to know these terms! How your horse performs in each of these scenarios is a big deal.
For more on horse race betting, check out our guide here:
Where you can watch and bet
The major Triple Crown races are carried on NBC, and various cable networks will carry racing cards from time to time. TVG is the general broadcast home for daily racing, and you can also stream directly on the website and app. This includes international races that run in the off hours.
Where you can bet horse racing online: See the full list of legal horse betting states.
Even Further Off the Beaten Sports Path
6. Darts
There’s not one but TWO professional darts organizations which attract the world’s best players. And those who throw for the Professional Darts Corporation or the Premier League of Darts are seriously talented and wicked accurate.
Darts is a “sport” in which you can root for the everyday hero as opposed to the fittest athletes with the best training. It’s just everyday folk who are really good at darts going toe-to-toe. The one who throws the best, wins.
There are a surprising amount of ways to bet on that simple process. Standard futures and match-winner bets are or course standard along with all kinds of props including:
- 9-dart finishes
- Checkouts
- 180s
Here are a few essential tips for betting on darts:
- Focus on specialized prop bets as much as predicting outright winners.
- When it comes to darts, rankings are your friend. The top pros in darts are ranked by earnings for the season-to-date. Think of the monetary rankings like power rankings and use them to spot market inefficiencies.
- Darts is not always gender exclusive! There are mixed competitions featuring men and women. Naturally, that opens the door to plenty of rooting interest, not to mention intriguing underdog opportunities.
Where you can watch and bet
In the US, the top option for watching darts is Dazn, a subscription-based cord-cutting option. Consult the league websites for additional streaming options for the various events. A number of top sportsbooks offer betting on darts, but remember it’s a niche offering in the US so you won’t find it everywhere.
Where you can bet Darts online: PA, NJ, WV, IND, NH, IOWA, CO
7. Aussie Rules Football
If you’re looking for something completely different and outside the box of American sports betting, Aussie Rules Football is it. It doesn’t resemble NFL football or college football, which scores of fans and bettors know and love. But it’s really, really fun to watch and bet on.
Known as AFL for short, games are played on an oval-shaped field between two squads of 18 players. It’s full contact, and it may look to the uninitiated observer like anything goes. Players can move the ball in various ways while using any part of their body.
Handballing, kicking, and running with it are the most common ways to advance. Points are scored either by kicking the ball through the middle goal posts, worth six points, or behind a goal and between posts, which is worth a single point.
Betting on AFL
There’s not a ton of betting action on AFL at US-based sportsbooks, so let’s just say that there’s a good opportunity to find lines that may or may not be entirely on the pulse.
There are a number of different ways to bet on AFL, including outright winners, futures, and even live betting. The team names are also a treat – consider the Port Adelaide Power or North Melbourne Kangaroos, for example – and there’s a 20-week season that’s chock full of opportunity.
Games take about two hours of playing time, although they get underway at oddball hours from those in the US.
A few essential Aussie Rules betting tips
- The AFL is the definition of a niche sport. The action takes place on the other side of the globe during off hours. While oddsmakers pay attention to it, the sport doesn’t get nearly the same scrutiny that the moneymakers do.
- Become familiar with the teams, know how they are playing for the season-to-date and in recent times, and stay on top of the news. After getting a handle on that, start digging into the sport-specific stats, which are easily accessible at the AFL website. Just by following these simple steps, you’ll be ahead of the curve.
Where to watch AFL
While you won’t find AFL on major networks, there are streaming options both online and via top sportsbook apps. AFL games are carried on Fox Soccer Plus, a pay channel in the FOX Sports family. You’ll occasionally get a game on FS1 or FS2 as well. Streaming options can be found on FoxSportsGo.
Where you can bet AFL online: PA, NJ, WV, IND, NH, IOWA, CO
8. Cricket
Why not cricket, right? Cricket traces its roots back to the 16th century. It resembles baseball to an extent in that it’s played with a ball and bat. But the bat doesn’t look like anything you’ll see in MLB though, as it’s a cane-style handle at the bottom attached to a flat paddle as opposed to a barrel.
Cricket is traditionally 11 on 11 with the object of the game to score runs when at bat and get opposing batsmen out when on the field. Still sounds like baseball, right? But there are other nuances to become familiar with as you dive into the world of cricket.
There are different styles of cricket, such as the old school version and a modern short-form of the game. It’s similar to soccer from a structural standpoint, as there are elite leagues that attract the best players and scores of smaller competitions to consider.
While cricket is a bit foreign on our shores, it’s incredibly popular elsewhere. As such, there’s tons of information out there for the research-minded to take advantage of.
Getting a handle on the best players in the game and top teams to zero in on is nowhere near as challenging as it may seem. Did we mention sweater vests yet?
A few essential cricket betting tips:
- The full range of cricket organizations, international competitions and teams is astonishingly large. Pick a specific league (the Indian Premier League, for example) and zero in on it.
- One Day Internationals and the fast-paced Twenty20 cricket games are also a good entry point for new cricket bettors.
- It’s slightly harder to bet when the lights come on than during the day. Lean to bets on batters in the day and bowlers at night
Gaming Niche Ideas
Where you can watch and bet
You can find cricket action on ESPN+, a subscription channel from the sports TV giant which can also be streamed. Additional streaming options include WillowTV, Hotstar, and league apps, some of which may require a subscription.
The top US sportsbooks take action on the major cricket leagues or test matches.
Gaming Niche
Where you can bet cricket online: PA, NJ, WV, IND, NH, IOWA, CO