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Bookmaker
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays out bets on sporting and other events at agreed-upon odds In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics. For example for an event that is 40% probable, one could say that the odds are or When gambling, o .... History The first bookmaker, Harry Ogden, stood at Newmarket in 1795, although similar activities had existed in other forms earlier in the eighteenth century. Following the Gaming Act 1845, the only gambling allowed in the United Kingdom was at race tracks. The introduction of special excursion trains meant that all classes of society could attend the new racecourses opening across the country. Runners working for bookmakers would collect bets in Clock bag, clock bags. Cash flowed to the bookmakers who employed bodyguards against protection gangs operating within the vast cro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bookmakers
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays out gambling, bets on sporting and other events at agreed-upon odds. History The first bookmaker, Harry Ogden, stood at Newmarket Racecourse, Newmarket in 1795, although similar activities had existed in other forms earlier in the eighteenth century. Following the Gaming Act 1845, the only gambling allowed in the United Kingdom was at race tracks. The introduction of special excursion trains meant that all classes of society could attend the new racecourses opening across the country. Runners working for bookmakers would collect bets in Clock bag, clock bags. Cash flowed to the bookmakers who employed bodyguards against protection gangs operating within the vast crowds.Dick Kirby, ''The Race Track Gangs'', The Peeler issue 7 July 2002, 'Friends of the Met Police Museum' Illegal betting shops were fined, but some, like Bella Thomasson, ran betting businesses that the police appeared to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odds
In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics. For example for an event that is 40% probable, one could say that the odds are or When gambling, odds are often given as the ratio of the possible net profit ''to'' the possible net loss. However in many situations, you pay the possible loss ("stake" or "wager") up front and, if you win, you are paid the net win plus you also get your stake returned. So wagering 2 at , pays out , which is called When Moneyline odds are quoted as a positive number , it means that a wager pays When Moneyline odds are quoted as a negative number , it means that a wager pays Odds have a simple relationship with probability. When probability is expressed as a number between 0 and 1, the relationships between probability and odds are as follows. Note that if probability is to be expressed as a percentage these probability values should be multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Point Spread
Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. , spread betting was a major growth market in the UK, with the number of gamblers heading towards one million. Financial spread betting (see below) can carry a high level of risk if there is no "stop". In the UK, financial spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission who regulate spread betting on sports. Purpose The general purpose of spread betting is to create an active market for both sides of a binary wager, even if the outcome of an event may appear ''prima facie'' to be biased towards one side or the other. In sports, almost every contest has a ''favorite'' and an ''unde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ladbrokes
Ladbrokes Coral is a British gambling company. Its product offering includes sports betting, online casino, online poker, and online bingo. 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. 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 London. Ladbrokes' London offices were first in the vicinity of the Strand, moved to Hanover Square in 1906 and, in 1913, to Six Old Burlington Street, Mayfair. From 1913 to 1956, Ladbrokes' clientele was exclusively drawn from the British aristocracy and upper classe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 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 any more 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 it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of Value (economics), value ("the stakes") on a Event (probability theory), random event with the intent of winning something else of value, where instances of strategy (game theory), 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tic-tac (horse Racing)
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-hand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. Business operations are led from its headquarters in London, with a satellite office 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 bought 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 was found to have exaggerated the company's profits at the time of the sale. Japanese investment bank Nomura mounted a £700m leveraged buyout of William Hill in 1997. In February 1999, a proposed stock market flotation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse Racing
Horse racing is an equestrian performance activity, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic premise – to identify which of two or more horses is the fastest over a set course or distance – has been mostly unchanged since at least classical antiquity. Horse races vary widely in format, and many countries have developed their own particular traditions around the sport. Variations include restricting races to particular breeds, running over obstacles, running over different distances, running on different track surfaces, and running in different gaits. In some races, horses are assigned different weights to carry to reflect differences in ability, a process known as handicapping. While horses are sometimes raced purely for sport, a major part of horse racing's interest and economic importance is in the gambling associated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 mill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clock Bag
A clock bag is a bag used in bookmaking with a lock and a built-in clock, intended to prevent fraud by proving the bets inside had been placed before a sporting event had started. The bets, or "lines", inside would often be "rolled in bundles each marked by a pseudonym". Clock bags were in regular use in illegal gambling starting during the 1920s. In Glasgow during the 1930s, runners would collect bets in clock bags and then telephone bookmakers for the outcomes. This was a common practice called "shovel betting". It has been speculated that clock bags may have originated around pigeon racing Pigeon racing is the sport of releasing specialized, trained homing pigeons, which then return to their homes over a carefully measured distance. The time it takes the animal to cover the specified distance is measured and the bird's rate of t .... References {{gambling-stub Gambling terminology Gambling in the United Kingdom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Premier League
The Indian Premier League (IPL) is a professional Twenty20 (T20) cricket league in India, organised by the Board of Control for Cricket in India (BCCI). Founded in 2007, it features ten city-based Professional sports league organization, franchise teams. The IPL is the List of sports attendance figures#Sports leagues, most popular and List of professional sports leagues by revenue, richest cricket league, and the second-richest sports league in the world. It is held annually between March and May. It has an exclusive window in the ICC Future Tours Programme, Future Tours Programme of the International Cricket Council, resulting in fewer international tours occurring during the seasons. It is also the most viewed Indian sports event, per the Broadcast Audience Research Council. In 2014, it ranked sixth in attendance among all sports leagues. Inspired by the success of the IPL, other Sport in India#Major sporting leagues or competitions, Indian sports leagues have been establi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
