White Label Sportsbook, A Convenient Way to Start an Online Betting Business
Well if you are associated with online betting in this world, I bet you, haven’t missed the term ‘white label’. This term describes a ready-made product developed by a company and provided to another business so that they can then add their own logo and branding to the website, including various color schemes. The process is similar to that of many other businesses around the world, such as fast-food chains or coffee shops. Your local fast food chain is likely to be a franchise and this works on a similar basis to a white-label betting site.
So, if you have ever considered setting up your own online bookmaker or casino but do not have the skills or time to create the website yourself, a white-label betting site is the answer.
White Label Sportsbook is one of the most renowned white-label sportsbook software providers that equips your business with a comprehensive solution that comes with a plethora of features and tools. The White Label Sportsbook is tailored to meet the needs of modern-day punters, deliver an electrifying betting experience and allow you to achieve your business goals.
And since this blog is about betting sites, we will take a deep dive into white-label sports betting sites and solutions.
How do White-Label betting websites work?
The answer is quite simple it is just like any other online sports betting platform. Punters won’t find any difference between a custom-made sports betting platform or a white-label sportsbook platform unless you create something extraordinary that other betting platforms don’t have which you can also add to your white label. We understand that being from the traditional culture of developing software from scratch to buying ready-to-launch software put businesses in a dilemma but since White Label Sportsbook develops and delivers both types of betting platforms, I totally recommend that it is the owners’ choice to buy a white-label or a bespoke betting platform.
White-label betting websites are a replica of sports betting websites developed by a third-party provider with your name and branding. You can make changes to it, for example, change the color, or integrate the payment provider of your own choice and not forget about the licensing you to need to take depending on the region you want to launch your sports betting website.
This entire process is business to business where the business that is buying the white label product acts like a consumer/customer.
Who needs a white-label solution? And why?
This is one of the underrated questions when it comes to purchasing a sports betting product or platform.
To be very honest, it completely depends on the choice of the betting operator. There are startups who are switching to white label and then their existing operators who earlier might have started their betting website with a custom sports betting software but now want to re-launch their brand name with a white label sportsbook.
The sportsbook software can be developed, bought, or rented. Each option has its pros and cons.
- As an operator, if you have programming skills, you could design your own sportsbook software.
- If you have a seven-figure initial capital, buying the software from sportsbook software providers is probably the best option.
- Well if you lack the skill to develop sports betting software or don't have the capital to buy the software? For this case, there is a third option: White Label Sportsbook.
So, it's completely the choice of the owner!