Mistakes to Avoid When Setting Up a Sportsbook

A sportsbook is a place where people can make wagers on various sporting events. There are a variety of bets that can be placed, including moneyline, point spread, and total score bets. Some bettors also like to place future bets, which are wagers on the outcome of a championship or specific game.

One of the biggest mistakes that sportsbook owners can make is not focusing on the user experience. Users want to have a smooth and seamless experience, and if you can’t meet that requirement, they will find a competitor that does. Another mistake is not implementing responsible gambling measures in your sportsbook. These measures can include time limits, warnings, betting limits, and more. These measures can help prevent addiction and other problems.

Choosing the right development technology for your sportsbook is another important decision. If your sportsbook is constantly crashing or the odds are off, users will quickly get frustrated and look for another option. You also need to decide whether you want to offer live betting or not.

White labeling is another common way to set up a sportsbook, but it can be expensive and time-consuming. You’ll be tied to your third-party provider for years, and you may not have full access to the code. This can also lead to long wait times for new features. On top of that, you’ll need to pay a fixed monthly operational fee. That’s why it’s best to build your own sportsbook from scratch.