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Pay-per-head Online Betting Organizes Wagers Owed to Bookies

 - Mar 30, 2012
References: payperhead & nytimes
With pay-per-head online betting, the days of low-tech illegal sports wagering are long gone. This Internet service essentially acts like a debt tracker for bookies, tallying all of the money that is owed to them or their clients in one spot online.

Bookies pay the site a fee per client, which is where the term pay-per-head comes from, that ranges anywhere between $5 and $30. The website is an example of one of these sites in action. The webpage features a promo video of a mafia-looking tough guy in a suit eluding to the fact that not paying up is still cause for some 'trouble.'

Due to the illegal nature of underground gambling and the problems that can arise when money doesn't change hands as agreed, the majority of these sites operate outside of the United States. Pay-per-head online betting is taking sports wagering from the days of pen and paper into the technological generation -- but "settling up" is still taken care of the good old-fashioned way.