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Own a Licensed Sportsbook in Costa Rica

We offer sportsbook consulting services to create your own licensed sportsbook in Costa Rica.  If you are looking to open your own sportsbook in Costa Rica, BlindMonkeyMedia can help you.  We have over 30 years of experience creating sportsbooks and we can guide you through the entire process.

Our services include:

  1. Building the Sportsbook Website
  2. Supplying Betting Software
  3. Supplying the Customer Service Software
  4. Supplying the Line Management Software
  5. Assist in Acquiring a Company License
  6. Hiring and Training Staff
  7. Assist in Securing Office Space
  8. Banking Methods Consultation

For more information, please fill out our Online Marketing Services Request Form.

*Please note that online gambling is not legal in most part of the United States and if you are an American citizen or reside in the United States, then the information on this page is for informational purposes only.

Minimum Requirements Needed to Open a Sportsbook in Costa Rica

Owning your own sportsbook in Costa Rica is no easy task, and BlindMonkeyMedia will facilitate the start-up process for you.  Here is some general information as to what is needed to open your very own Sportsbook in Costa Rica:

Money - To create a sportsbook , you need enough capital to sustain overhead for at least two years without relying on profit.  The amount necessary will depend on many variables, such as:

  1. Betting Limits - The higher the betting limit, the more money in reserve you will need.
  2. Staff - The more people you hire, the bigger the payroll expense will be.
  3. Banking Methods - The more banking options you want to have available, the more you will have to pay in monthly fees.
  4. Office location -  Size and location will dictate the cost.
  5. License -  You will need to open a company in Costa Rica which will cost around $500.00 USD plus lawyers' fees.
  6. Hours of Operations - Longer hours mean a higher payroll expense.
  7. Full Juice or Reduced Juice - This is one of the factors that affects your profit margin.
  8. Credit or Post Up - This will dictate your banking methods.
  9. and many more...

Software - You will need software that can handle taking bets, line management and customer service.

Dedicated Server - A dedicated server is essential since you will be using sophisticated software, and you will also need a large data base and bandwidth.  Please note that the dedicated software cannot be located in the United States due to the online gambling laws.

Start Up Cost Example for opening a sportsbook in Costa Rica (1 year)

Website (using one of our templates)

$6,000.00 USD
Software (Betting, Customer Service, Line Management) $6,000.00 USD and up

Utilities:

variable

Staff (customer service, sales, line manager and IT)

$80,000.00 USD

Banking(credit card, moneybooker, bankwire)

$12,000.00 USD

Small office rental in a reasonably price area

$36,000.00 USD

Company Registration in Costa Rica

$800.00 USD

Dedicated Server Cost

$1,200.00 USD

Total Estimated Start Up Cost

$142,000.00 USD

If you would like more information about opening your own sportsbook in Costa Rica, please contact us by filling out our Services Request Form.

*Prices shown are estimates.

*Please note that online gambling is not legal in most parts of the United States. If you are an American citizen or reside in the United States, this page is for information purposes only.

**Transferring funds for gambling purposes is not legal in the United States.

 

 
 
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