Is Ethereum Accepted by All PayPerHead Businesses?
One topic that’s rarely discussed in the PayPerHead (PPH) industry is how to pay the PPH service.
PPH businesses charge bookies a weekly based on the number of active players they have. There’s a set price per head and then that number is simply multiplied by the number of active bettors.
Since PPH businesses often have experience running bookies as well, they cater to a wide variety of payment methods. Some PPH businesses have even started accepting cryptocurrencies.
While multiple PPH businesses accept Bitcoin and Bitcoin Cash, the majority of these services don’t want to be paid in other popular cryptocurrencies such as Litecoin and Ethereum.
Ethereum is the second most popular cryptocurrency and I’m surprised we don’t see it accepted by businesses in the online gambling industry more often, as it’s extremely safe to use.
At the time of publishing, Ethereum has a market cap hovering around $15 billion.
Top PPH Service Accepting Ether Ethereum
Does your pay per head service accept ether Ethereum? Not many do, but thankfully one of the best companies in the industry has been accepting numerous cryptocurrencies for a while now.
- A1PPH: If you’re interested in paying a PPH service in Ether your options are limited, but one of the leading PPH services accepts Ethereum and that’s A1PPH. The company has 10+ years of experience in the industry and they offer a complete PPH bookie solution.
Benefits of Paying Your PPH Service Using Ethereum
There are numerous benefits to using Ethereum and I’ll explain those below.
- Anonymity: Remaining as anonymous as possible as a PPH bookie is ideal. In most countries it’s not legal to run an offshore sportsbook. Ethereum is an open-source decentralized system that allows you to remain completely anonymous while using the platform.
- Low Fees: The last thing you want to worry about are fees when paying your PPH service, but if you pay with a credit card or a money transfer service like Western Union there will be fees that often aren’t covered. Ethereum fees are about $.40 for a transaction.
- Worldwide: Ethereum can be used by anyone in the world without any personal details. It’s the perfect way to send money online while maintaining your privacy. Ethereum is also a quick method to send money, as transfers to another Ethereum wallet only take seconds.
Not only is Ethereum a great way to pay for things anonymously, such as a PPH service, but it’s also a great way to receive deposits from your clients once you launch your sportsbook.
If you plan on accepting clients that aren’t local to where you live then cryptocurrencies are a great way to receive deposits and process withdrawals without needing a payment processor.
The fees are miniscule even on small deposits, which is ideal since some clients will like to make consistent smaller deposits. Many online gamblers are also familiar with using Ethereum.
If you’re planning on starting an online bookie it’s important to familiarize yourself with cryptos.
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