To get started with a sportsbook, you will need a certain amount of money. This amount will depend on the number of bets you plan to place on a given day. For example, if you plan to take bets on twenty sports per day, you will need a minimum of $20,000 to get started. If you plan to operate in a busy area, you may need a large sum of money, such as half a million or more. You will also need a minimum bet per day, which should be 20% of your handle. You should also have a sufficient cash reserve to cover any losses that may occur, especially if you’re just starting out.
If you’re new to online sports betting, you should stick to a sportsbook with a license from a government agency. Licensed sportsbooks should accept your preferred method of payment, have high payout limits, and have helpful customer service. They should also have a helpful FAQ section for you to find answers to your questions. In addition, they should have customer support in several languages.
The SBOBet sportsbook is a good choice if you’re looking for an online sportsbook. This Indonesian site has a wide range of sports games to choose from. Some of them include judi bola, Asian Handicap judi, over/under judi, and 1×2 judi. It also offers live streams of some events.