Colossus Bets is a British

bookmaker 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 Book ...

specialising in pools betting. The Colossus Bets is headquartered in

London, England London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major s ...

, and was founded by former

Monsanto The Monsanto Company () was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best known product is Roundup, a glyphosate-based herbicide, developed i ...

PR operative Bernard Marantelli and

Zeljko Ranogajec Zeljko Ranogajec (born 22 May 1961) is a businessman and professional gambler from Australia. The London-based Ranogajec is known for horse betting, blackjack and other forms of advantage gambling. Early life Ranogajec was born in Hobart, Au ...

in 2013. The bookmaker currently focuses in pools betting by incorporating modern betting features such as Cash Out and Syndicates, currently holding seven US patents. As well as offering lottery-sized jackpots.

History

Colossus Bets was launched in the UK in 2013, initially providing solely football pools. They would go on to add horse racing,

greyhound racing Greyhound racing is an organized, competitive sport in which greyhounds are raced around a track. There are two forms of greyhound racing, track racing (normally around an oval track) and coursing; the latter is now banned in most countries. Tra ...

American football American football (referred to simply as football in the United States and Canada), also known as gridiron, is a team sport played by two teams of eleven players on a rectangular field with goalposts at each end. The offense, the team wit ...

ice hockey Ice hockey (or simply hockey) is a team sport played on ice skates, usually on an Ice rink, ice skating rink with Ice hockey rink, lines and markings specific to the sport. It belongs to a family of sports called hockey. In ice hockey, two o ...

basketball Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular court, compete with the primary objective of shooting a basketball (approximately in diameter) through the defender's h ...

and

darts Darts or dart-throwing is a competitive sport in which two or more players bare-handedly throw small sharp-pointed missiles known as darts at a round target known as a dartboard. Points can be scored by hitting specific marked areas of the ...

pools, making them multi-sport pools provider. In 2017, Colossus launched Syndicates, a group betting product that would allow its users to share the cost of their bets, and any potential winnings, with fellow players. The introduction of horse racing pools in July 2018 meant that, for the first time,

The Tote The Tote is a British gambling company which is the largest pool betting operator in the United Kingdom. Headquartered in Wigan, England, its main products are sports betting and online casino. Founded in 1928, the company was owned by the ...

was no longer the sole horse racing pools operator in the UK market. The Place 6 pool was introduced as a direct equivalent to the Placepot. In addition to offering their sports and racing pools on their website, the Colossus Bets pools have also been integrated into a number of partner websites across the world, including

Bet365 Bet365 Group Ltd (commonly known and stylized as bet365 and spoken as "bet three-six-five") is a leading British online gambling company based in the United Kingdom. It was founded by Denise Coates, who remains the majority shareholder and joi ...

, Betway Africa,

Dafabet Dafabet is an online betting site. The company was founded on 7 November 2004 and is headquartered in Makati, Philippines. History Dafabet was founded on November 7, 2004, in Makati, Philippines under the subsidiary of the privately-owned com ...

, Matchbook, Racebets, Mr Green, Nairabet, Football Pools, , and Paf. In August 2017, Colossus Bets announced that they had entered into a partnership with 54 British racecourses in order to supply betting pools. However, in May 2018 a number of newspaper articles were published revealing that

was the principal backer of the company using the alias of John Wilson. Subsequently, the consortium of 54 racecourses (Britbet) cancelled their arrangement with Colossus Bets in favour of

. In May 2021 Esports Technologies Inc. (Nasdaq: EBET) announced an exclusive alliance with Colossus Bet

Under the terms of the agreement Colossus Bets became a shareholder in Esports Technologies In

Conscious Colossus

In 2020, Colossus Bets launched ‘Conscious Colossus’, a charitable initiative created to “target several areas of responsibility and covering a wide range of causes, including the advancement of sport within communities, responsible gambling education and animal welfare.” Conscious Colossus announced that they would be supporting three charities in their maiden year; Alive & Kicking (social enterprise), Alive and Kicking, The Greyhound Trust and YGAM. In 2021 they announced an updated line up of Alive and Kicking, YGAM and Clime-It Brothers for their second year.

Dates of Significance

2012 – Founded by Bernard Marantelli. 2013 – Colossus Bets launch in the UK with

Michael Owen Michael James Owen (born 14 December 1979) is an English former professional association football, footballer who played as a Forward (association football)#Striker, striker for Liverpool F.C., Liverpool, Real Madrid CF, Real Madrid, Newcastle ...

named as a brand ambassador. 2014 – Winner of the ‘Rising star’ award at the EGR Operator Awards. 2017 – Colossus Bets launch Syndicates product. 2017 – Colossus Bets announces partnership with consortium of British racecourses 2018 – Colossus Bets launch horse racing pools. 2018 – 54 British racecourses repudiate Colossus bets as their pools betting partner 2019 - North Dakota Racing Commission licenses Colossusbets as a service provider 2019 – Oregon Racing Commission grants Colossusbets a totalizator license 2019 – Colossus Bets launch greyhound racing pools. 2019 – Announces a long-term licensing agreement with

that will allow the operator access to its cash-out patent portfolio in the US. 2020 – Colossus Bets launch ice hockey and darts pools. 2020 – Winner of the ‘Best use of a brand ambassador’ award at the EGR Operator Marketing and Innovation Awards for their partnership with

Fallon Sherrock Fallon Sherrock (born 2 July 1994) is an English professional darts player who plays in World Darts Federation (WDF) and Professional Darts Corporation (PDC) events. Born in Milton Keynes, Sherrock reached the final of the 2015 BDO Women's Wor ...

. 2020 – Colossus Bets agreed a five-figure sponsorship deal with the Greyhound Grand National. 2020 – Bernard Marantelli is terminated as a director of the company. 2020 – David O'Reilly appointed as chief executive officer 2021 – Esports betting and technology company Esports Technologies Inc concludes alliance agreement with Colossus Bets. 2021 – Colossus Bets sued

DraftKings DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major Americ ...

and

Tabcorp Tabcorp is Australia's largest gambling company, employing more than 5,000 people. It is the largest provider of wagering and gaming products and services in Australia. Tabcorp is listed on the Australian Securities Exchange (ASX). History In ...

over patent infringement.https://www.lawyerly.com.au/tabcorp-sued-for-patent-infringement-over-cash-out-on-quaddie-feature/

References

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External links

Official website
Bookmakers Gambling companies of the United Kingdom Companies based in London Gambling in the United Kingdom