A while ago, our forum-user, player, and now also freelancer, The Brain created a new, detailed tutorial in which he explains everything worth knowing about creating your own dedicated WoP-server. Be aware, though that it is explained using the Linux operating system and that advanced computer skills are required.
Well, there isn’t much more to say about this, so if you want to run a dedicated WoP-server, but don't know how, you can find the tutorial here.