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Bookies
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. W ...
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Bookmakers
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. Wh ...
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William Hill Plc
William Hill is a British gambling company founded in 1934. Its product offering includes sports betting, online casino, online poker, and online bingo. The business is split into two divisions, UK and International. UK operations are conducted from its headquarters in London, alongside satellite offices in Leeds and Gibraltar, while its International business operates from its hub in Malta. The company was previously listed on the London Stock Exchange until it was acquired by Caesars Entertainment in April 2021. In July 2022, William Hill was subsequently acquired by 888 Holdings for £2.2 billion. History The company was founded by William Hill in 1934. It changed hands many times, being acquired by Sears Holdings in 1971, then by Grand Metropolitan in 1988, then by Brent Walker in 1989. In September 1996, Brent Walker recouped £117m of the £685m it had paid for William Hill when Grand Metropolitan were found to have exaggerated the company's profits at the time of the s ...
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Odds
Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not. Odds are commonly used in gambling and statistics. Odds also have a simple relation with probability: the odds of an outcome are the ratio of the probability that the outcome occurs to the probability that the outcome does not occur. In mathematical terms, where p is the probability of the outcome: :\text = \frac where 1-p is the probability that the outcome does not occur. Odds can be demonstrated by examining rolling a six-sided die. The odds of rolling a 6 is 1:5. This is because there is 1 event (rolling a 6) that produces the specified outcome of "rolling a 6", and 5 events that do not (rolling a 1,2,3,4 or 5). The odds of rolling either a 5 or 6 is 2:4. This is because there are 2 events (rolling a 5 or 6) that produce the specified outcome of "rolling either a 5 or 6", and 4 events that do n ...
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Ladbrokes
Ladbrokes Coral is a British gambling company founded in 1886. Its product offering includes sports betting, online casino, online poker, and online bingo. The business is split into two divisions, UK and International. UK operations are conducted from its headquarters in London, England, while its International business operates from its overseas hubs in Gibraltar and Ceuta, Spain. The Ladbrokes portion of the group was established in 1886, and Coral in 1926. In November 2016, the companies merged to create Ladbrokes Coral Group. Since March 2018, it has been owned by Entain (formerly GVC Holdings). Prior to its sale, Ladbrokes Coral was listed on the London Stock Exchange, and was a member of the FTSE 250 Index. History The company was founded by Messrs. Schwind and Pennington in 1886, as commission agents for horses trained at Ladbroke Hall in Warwickshire. The name Ladbrokes was adopted in 1902, when Arthur Bendir joined the partnership, and operations were moved to Lo ...
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Indian Premier League
The Indian Premier League (IPL), also known as TATA IPL for sponsorship reasons, is a men's T20 franchise cricket league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. Brijesh Patel is the incumbent chairman of IPL. It is usually held annually in summer across India between March to May and has an exclusive window in the ICC Future Tours Programme. The IPL is the most-attended cricket league in the world and in 2014 was ranked sixth by average attendance among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The brand value of the IPL in 2022 was . According to BCCI, the 2015 IPL season contributed to the GDP of the Indian economy. So far there have been fifteen seasons of the IPL tournament. The current IPL title holder franchise is Gujarat Titans, winning t ...
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Bella Thomasson
Ann "Bella" Thomason or Ann Arabella Thomason; Bella Thomasson (1874 – 11 November 1959) was a British bookmaker who created a model betting shop in Bolton. Her business was successful, innovative and illegal. Life "Bella" Thomason was born in 1874 in Nether Hallam in Yorkshire. She married Stephen Thomason who was a labourer in an ironworks where he supplemented his income by taking bets. The couple used these profits to buy a shop that nominally sold fruit but was actually a base for illegal betting. At the time, the Betting Houses Act of 1853 made it illegal to take cash for a bet except at a racecourse. Stephen was taken to court in 1905 and fined. It was considered that he should take responsibility for any crimes committed by his wife. Stephen promised not to take anymore bets at his shop and paid a £25 fine, but the betting continued and by 1924 the business was well known as an illegal bookmakers. The business was nominally a tobacconist but it was an open secret that i ...
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Sport Select
Sport Select is a group of sports betting games offered by Canada's lottery corporations. In Quebec, the program is known as Pari sportif; in Ontario and Atlantic Canada, it is known as Pro-Line while in British Columbia, it is known as Sports Action. However, the rules for the games are similar in all provinces. Initially created to offer betting primarily on the North American major professional sports leagues, Sport Select has expanded to offer betting on competitions such as the English Premier League and college sports. Sport Select (or equivalent) tickets are sold across Canada, through Atlantic Lottery Corporation, Loto-Québec, Ontario Lottery and Gaming Corporation, Western Canada Lottery Corporation, and British Columbia Lottery Corporation. In addition, some provinces are now accepting wagers over the Internet. Sport Select games Each province offers versions of these three games under rules similar to those described below: Pro-Line Known as Oddset in British Col ...
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Lottery
A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. The most common regulation is prohibition of sale to minors, and vendors must be licensed to sell lottery tickets. Although lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s, casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes. Lotteries come in many formats. For example, the prize can be a fixed amount of cash or goods. In this format, there is risk t ...
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Gambling In Japan
Most forms of gambling in Japan are generally banned by the Criminal Code chapter 23; however, there are several exceptions, including betting on horse racing and certain motor sports. Public sports, lottery, and toto (football pools) are held under special laws in order to increase the income of national and local governments as well as to offer a form of entertainment. Since 2018, casino operators have been bidding for three legal licenses to operate an integrated casino resort in Japan, including in Osaka, Tokyo, and Yokohama. The Japanese government established the Casino Administration Committee in 2020 to supervise and manage Japan's resort operators. A number of fictional franchises focus on gambling in Japan. Public sports ''Kōei kyōgi'' (, public sports) are public races that can be gambled on legally. There are four types: horse racing, bicycle racing, powerboat racing, and asphalt speedway motorcycle racing. They are allowed by special laws and are regulated by loc ...
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Tic-tac
Tic-tac (also tick-tack and non-hyphenated variants) is a traditional method of signs used by bookmakers to communicate the odds of certain horses. Until the turn of the 21st century it was a very common sight on racecourses in the UK, but with the advent of mobile technology it is now seldom seen. In 1999, only three practitioners were noted to be still working on the southern UK tracks – Micky 'Hokey' Stuart, Billie Brown and Rocky Roberts. A tic-tac man will usually wear bright white gloves to make his hand movements easily seen. In a newspaper interview in March 1937 Charles Adamson, a retired bookmaker of Ashford, Middlesex, said he and his brother Jack (John Thomas Adamson) had invented the tic-tac system and first began to use it in 1888. A few simple examples of signals: *Odds of 9/4 ("top of the head") – both hands touching the top of the head *Odds of 2/1 ("bottle") – right hand touches nose. *Odds of 10/1 ("cockle" or "net") – fists together with the right-han ...
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Gala Coral Group
Gala Bingo is an online bingo and casino offering under the ownership of Entain. Gala Bingo was created in 1991 as a division of Bass plc. It later became an independent company, and then became the Gala Coral Group after acquiring Coral Eurobet in 2005. After the sale of its 126 clubs in 2015 to Caledonia Investments (who rebranded them as Buzz Bingo in September 2018), Gala Coral retained the online Gala services and was later acquired by Ladbrokes (which was later acquired by GVC Holdings). History The chain began as bingo clubs operated by Bass Leisure, a division of Bass plc. As of 1983, Bass had 22 clubs operating under the Coral brand, and another 24 located in its Pontins holiday camps. That year, Bass purchased a chain of 80 bingo clubs from Thorn EMI for £18.2 million. By 1988, Bass was down to 72 locations, but added another 30 by purchasing Zetters Leisure for £23 million. In May 1991, Bass purchased Granada plc's chain of 74 bingo clubs for £147 million. Comb ...
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Harold Macmillan
Maurice Harold Macmillan, 1st Earl of Stockton, (10 February 1894 – 29 December 1986) was a British Conservative statesman and politician who was Prime Minister of the United Kingdom from 1957 to 1963. Caricatured as "Supermac", he was known for his pragmatism, wit and unflappability. Macmillan was badly injured as an infantry officer during the First World War. He suffered pain and partial immobility for the rest of his life. After the war he joined his family book-publishing business, then entered Parliament at the 1924 general election. Losing his seat in 1929, he regained it in 1931, soon after which he spoke out against the high rate of unemployment in Stockton-on-Tees. He opposed the appeasement of Germany practised by the Conservative government. He rose to high office during the Second World War as a protégé of Prime Minister Winston Churchill. In the 1950s Macmillan served as Foreign Secretary and Chancellor of the Exchequer under Anthony Eden. When ...
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