Betting Shops
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Betting Shops
In the United Kingdom, Ireland, Australia and New Zealand, a betting shop is a shop away from a racecourse ("off-course") where one can legally place bets in person with a licensed bookmaker. Most shops are part of chains including William Hill, Ladbrokes, or Coral. In Australia and New Zealand, they are operated by totalisator agencies In the United States post PASPA, brands like DraftKings, FanDuel and William Hill have a presence. Betting shops include America's Betshop and Betfred. Scale In 2016, there were around 9,000 betting shops located in the UK. The number of shops grew rapidly in the 21st century. One street in Newham has the largest number of bookmakers concentrated in one place: 18 on the street and about 80 in a local zone. However in 2020, during the coronavirus crisis, many betting shops closed permanently. Legislation Off-course betting was illegal until the Betting and Gaming Act 1960 was introduced, although bets could be placed at a racecourse ("on-course") ...
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BETFRED - Church Lane - Geograph
Betfred is a bookmaker based in the United Kingdom, founded by Fred Done.Pronounced to rhyme with "bone". It was first established as a single betting shop in Ordsall, Salford, in 1967. Its turnover in 2004 was reported to be more than £3.5 billion, having risen from £550 million in 2003 and has continued to grow to over £10 billion in 2018-2019. It has its head office is in Birchwood, Warrington, and also has offices in Media City, Salford Quays, Salford. Betfred.com, the company's online gambling site, is based in Gibraltar and registered as Petfre (Gibraltar) Limited. History Done Bookmakers was first established as a single shop in Ordsall, Salford in 1967. Fred Done financed the first Done Bookmakers shop with capital made from a winning bet he placed on England to win the 1966 World Cup. In 1997, Done Bookmakers acquired the Robert Walker chain of bookmakers, taking their total to one hundred shops. A mixture of organic and acquisition growth has resulted in ...
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Gambling Act 2005
The Gambling Act 2005 (2005 c 19) is an Act of the Parliament of the United Kingdom. It mainly applies to England and Wales, and to Scotland, and is designed to control all forms of gambling. It transfers authority for licensing gambling from the magistrates' courts to local authorities (specifically unitary authorities, and the councils of metropolitan borough, non-metropolitan district and London boroughs), or to Scottish licensing boards. The Act also created the Gambling Commission. Provisions The Act gives its objectives as Some provisions of the bill faced controversy, particularly in its original form, where it would have allowed eight so-called "super casinos" to be set up. With the Parliamentary session drawing to a close, a compromise was agreed to reduce this to one. Despite a lengthy bidding process, with Manchester being chosen as the single planned location, the development was cancelled soon after Gordon Brown became Prime Minister of the United Kingdom. The ...
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Fixed Odds Betting Terminal
A fixed odds betting terminal (FOBT, sometimes pronounced "fob-tee") is a type of electronic slot machine normally found in betting shops in the United Kingdom and introduced in 1999. The terminals allow players to bet on the outcome of various games and events which have fixed odds, with the theoretical percentage return to player (RTP) displayed on the machine by law. Like all casino games, the "house" (i.e. the betting shop) has a built-in advantage. Typically, slot machine FOBTs have an RTP of 90% to 94% depending on the chosen stake, and standard roulette FOBTs have a long-term average RTP of 97%. The most commonly played game is roulette. The minimum amount wagered per spin is £1 and the maximum is £2. The largest single payout cannot exceed £500 and this can limit the wager size e.g. the maximum wager on a single number on roulette at odds of 35:1 is £2. Token coins can be of value as low as five pence in some UK licensed betting offices (LBOs). Other games include ...
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High Street
High Street is a common street name for the primary business street of a city, town, or village, especially in the United Kingdom and Commonwealth. It implies that it is the focal point for business, especially shopping. It is also a metonym for the retail sector. With the rapid increase in consumer expenditure the number of High Streets in England grew from the 17th century and reached a peak in Victorian Britain where, drawn to growing towns and cities spurred on by the Industrial Revolution, the rate of urbanisation was unprecedented. Since the latter half of the 20th century, the prosperity of High Streets has been in decline due to the growth of out-of-town shopping centres, and, since the early 21st century, the growth of online retailing, forcing many shop closures and prompting the UK government to consider initiatives to reinvigorate and preserve the High Street. High Street is the most common street name in the UK, which according to a 2009 statistical compilation ...
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Greyhound Racing In The United Kingdom
Greyhound racing is a sport in the United Kingdom. The industry uses a parimutuel betting tote system with on-course and off-course betting available. Attendances have declined in recent years, partly due to the decrease in evening fixtures with the majority of fixtures being held in the daytime. Attendances peaked in 1946 at around 70 million and totalisator turnover reaching £196,431,430. As of September 2022, there are 20 licensed stadiums in the United Kingdom (excluding Northern Ireland) and two independent stadiums (unaffiliated to a governing body). History Modern greyhound racing has evolved from a form of hunting called coursing, in which a dog runs after a live game animal – usually a rabbit or hare. The first official coursing meeting was held in 1776 at Swaffham, Norfolk. The rules of the Swaffham Coursing Society, started by Lord Orford, specified that only two greyhounds were to course a single hare. Coursing by proxy with an artificial lure was introduced ...
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Satellite Information Services
Sports Information Services (SIS) is a company which provides content and production services to the betting industry; such as horse racing and greyhound racing, to betting shops in the United Kingdom and Ireland and other worldwide destinations. Previously, they provided news gathering services and specialised broadcast solutions to clients beyond betting industry. It was formed in 1986 as Satellite Information Service, when bookmakers took the opportunity to broadcast live racing in their shops for the first time – previously only live audio commentary was broadcast to licensed betting offices (LBOs) and a 'whiteboard' man transcribed the shows and results in the LBOs. The service was launched initially in Bristol on 5 May 1987 and subsequently rolled out to approximately 10,400 bookmakers in the UK and Ireland. SIS is owned by Ladbrokes 23%, Caledonia Investments 22.5%, Alternateport Limited 20.5%, William Hill Organisation 19.5%, Fred Done (co-owner of Betfred bookmake ...
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Starting Price
In horse racing, the starting price (SP) is the odds prevailing on a particular horse in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of the fluctuation in prices at the racetrack. This is done as follows: For each horse the odds offered by the bookmakers are ordered into a list from longest to shortest. This list is then divided into halves and the SP is the shortest odds available in the half containing the longest odds. Thus the SP or a longer price will have been offered by at least half the bookmakers in the sample. ''Note'': This method is slightly different from the method of calculating the median. The principal function of a starting price is to determine returns on those winning bets where fixed odds have not been taken at the time the bet was struck. Typically, on the day of t ...
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Transistor Radio
A transistor radio is a small portable radio receiver that uses transistor-based circuitry. Following the invention of the transistor in 1947—which revolutionized the field of consumer electronics by introducing small but powerful, convenient hand-held devices—the Regency TR-1 was released in 1954 becoming the first commercial transistor radio. The mass-market success of the smaller and cheaper Sony TR-63, released in 1957, led to the transistor radio becoming the most popular electronic communication device of the 1960s and 1970s. Transistor radios are still commonly used as car radios. Billions of transistor radios are estimated to have been sold worldwide between the 1950s and 2012. The pocket size of transistor radios sparked a change in popular music listening habits, allowing people to listen to music anywhere they went. Beginning around 1980, however, cheap AM transistor radios were superseded initially by the boombox and the Sony Walkman, and later on by digital ...
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Portable Television
A handheld television is a portable device for watching television that usually uses a TFT LCD or OLED and CRT color display. Many of these devices resemble handheld transistor radios. History In the 1970s and early 1980s, Panasonic and Sinclair Research released the first TVs which were small enough to fit in a large pocket; called the Panasonic IC TV MODEL TR-001 and MTV-1. Since LCD technology was not yet mature at the time, the TV used a minuscule CRT which set the record for being the smallest CRT on a commercially marketed product. Later in 1982, Sony released their first model - the FD-200, which was introduced as “Flat TV” later renamed after the nickname Watchman, a play on the word Walkman. It had grayscale video at first. Several years later, a color model with an active-matrix LCD was released. Some smartphones integrate a television receiver, although Internet broadband video is far more common. Since the switch-over to digital broadcasting, handhe ...
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Sports Bar
Bar or BAR may refer to: Food and drink * Bar (establishment), selling alcoholic beverages * Candy bar * Chocolate bar Science and technology * Bar (river morphology), a deposit of sediment * Bar (tropical cyclone), a layer of cloud * Bar (unit), a unit of pressure * BAR domain, a protein domain * Bar stock, of metal * Sandbar Computing * Bar (computer science), a placeholder * Base Address Register in PCI * Bar, a mobile phone form factor * Bar, a type of graphical control element Law * Bar (law), the legal profession * Bar association * Bar examination Media and entertainment * ''Bar'' (Croatian TV series) * Bar (Czech TV series) * Bar (dance), Turkey * Bar (music), a segment * Bar (Polish TV series) * Bar (Slovenian TV series) * ''Bay Area Reporter'', a newspaper * ''Biblical Archaeology Review'', a magazine Places * Bar (Martian crater) * Bar, Rutog County, Tibet, China * Bar (river), France * Bar, Corrèze, France, a commune * Bar-le-Duc, France, a commune forme ...
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Gambler
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universal ...
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Racing Post
''Racing Post'' is a British daily horse racing, greyhound racing and sports betting publisher which is published in print and digital formats. It is printed in tabloid format from Monday to Sunday. , it has an average daily circulation of 60,629 copies. History Launched on 15 April 1987, the ''Racing Post'' is a daily national print and digital publisher specializing British horseracing industry and horse racing, greyhound racing and sports betting. The paper was founded by UAE (United Arab Emirates) Prime Minister and Sheikh of Dubai Sheikh Mohammed bin Rashid Al Maktoum, a racehorse owner, and edited by Graham Rock, who was replaced by Michael Harris in 1988. In 1998, Sheikh Mohammed sold the license for the paper to Trinity Mirror, owners of '' The Sporting Life'', for £1; Sheikh Mohammed still retains ownership of the paper's name, and Trinity Mirror donated £10 million to four horseracing charities as a condition of the transfer. In 2007, Trinity Mirror sold ...
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