Betfred Betting Shops in Question over planned tax rise in the UK
Another bold move to bolster Revenue for the finance minister Rachel Reeves and her ambitious plan to transform the map in the uk.Uk Bookmaker Betfred currently pays 15% general betting duty on sport GGR , 20% on free standing gaming machines and 21% on online casino stakes, which could be seen as to low by some.
In this article:
- Betfred – early days
- Expansion and Future Betfred
- Betfred Lucky 15 bet type
Betfred Bookmaker - The early days
Bookmaker Betfred was founded by the brothers Fred and Peter Done in 1967. As a result of their support for the England World Cup team win in 1966, both brothers invested their proceeds in a betting shop in Salford. Calling the business at first DONE BOOKMAKERS they quickly expanded their business model across several locations across the UK.
Within the 70’s their retail betting growth reached an estimated 70 betting shops. In 1997 the aquifer of Robert Walkers bookmakers brought their betting retail shop empire close to 100 shops. In 2000, the brothers reached 200 betting shops and in 2004 the Done Bookmaker brand became Betfred.
Betfred expanded from a retail betting shop business into the digital online business. The family run business acquired tote betting operation in 2011, and in 2021 Betfred announced the purchase of Betting world Ltd in South Africa.
Today, Betfred operates around 1300 shops and online operations. Their presence in the UK, US and South Africa with high end products have granted Betfred their seat within the best in gaming and betting.
Expansion and future of Betfred
Betfred ambitions and future is still focused in its strong retail business model. Family owned by the Done family, their identity is still seen in high streets and at sporting events. Although Betfred has invested in high end tech platforms, Betfred presence in online gambling is limited, but growing with each step each year. Marking a slow transformation into online gambling Uk for the future.
Betfred Lucky 15 bet type
Betfred Lucky 15 is one of the most well known bet types, which Fred Done himself invented in 1980. Making him into some sort of ‘Bonus King” amongst fans and players.
What is a Lucky 15 Bet in Sport?
Lucky 15 Bet is a multiple bet consisting a total of 15 bets which are placed across 4 sections for different events.
Here is an example on Lucky 15 Bet
- The events combination can be multiple sports and events
- the distribution of stakes are placed equally
- What You can’t DO – Placing the same bet with the same outcome ( e.g. to Win by score and the same team to win overall )
Event types :
Two bets on Horse racing
One bet on Football
One bet on Tennis
Betfreds System will automatically calculate 15 combinations with the same stake a player is willing to play with.
How do I win a Lucky 15 Bet?
The betting type is simple, and gives you a modest return already, by winning one line. IF you are looking for sports betting casinos and multiple betting options or want to place a Lucky 15 bet, here are the best sports betting casinos.
