User:Bek Seo/sandbox
Pay per head (PPH) is a service often used in the gambling industry. It's a way for bookies or betting agents to manage their operations more efficiently. Instead of handling everything themselves, like setting up bets, keeping track of odds, and managing payments, they pay a fee per person (or "head") who places a bet through their service.
The pay per head service provides a betting platform where the bookmaker's clients can place their bets online or over the phone. The service handles all the behind-the-scenes work, including setting up and managing the betting lines, updating odds in real-time, processing wagers, and managing the financial transactions. The PPH service company helps to reduce administrative burdens, and improve their overall efficiency.
It is basically, outsourcing the technical and administrative aspects of running a sportsbook. Instead of having to handle all the nitty-gritty details of each bet, the bookmaker signs up with a pay per head service. They take care of all the technical stuff, and in exchange, the betting agent pays them a fee for each person who places a bet through the PPH service.
It's a way for smaller operators to compete with bigger betting companies without having to invest in a lot of expensive technology and infrastructure.
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