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Author Topic: Bet365 just achieved a big milestone.  (Read 585 times)
paxmao
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May 24, 2021, 08:29:25 AM
 #21

This looks more like and individual achievement and probably we should also know what kind of money did the guy started with and how many business does he have over the world. In any case, it is good news for betting - people found an alternative to spend their free time and enjoy themselves even with all the restrictions of COVID. +1 for the betting industry and its capability to re-invent themselves when they were traditionally seen as something obscure and sometime bordering illegal.

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May 24, 2021, 08:33:11 AM
 #22

This is one of the biggest sportsbooks in the world, I know them as they are popular though I'm not playing with this site.

just imagine, a popular site makes this much, so it's expected that crypto gambling sites are also making a lot of profit, however, they can choose not to reveal as fiat and crypto bookies have different regulation AFAIK. If you guys planning to start your own gambling business, this should inspire you.


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May 24, 2021, 09:06:54 AM
 #23

⏩ which needs immediate attention.
True story: happened around where I live, age 35 years, gambling addict since the age of 20 years, now the house is up, the car sold out, now depression / crazy, His wife and child separated, so that he received special attention from his family, from doctors to traditional medicine, the results were not there, he was getting crazy.

Before (addiction) enters your soul, do not make gambling a part of your life, stop or consider gambling as mere entertainment, bet the money that you get for free, don't involve the money from your real salary, in essence.

Gambling addiction: you alone control, not otherwise gambling that controls you, online or the table, that way you are saved.

R


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May 24, 2021, 09:30:59 AM
 #24

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.
Definitely, Cryptocurrency gambling is the future we have a lot of candidates to get into the list maybe next year, we can have one on the list the top contenders are Stake, Betfury Sportsbet we have at least twenty of the best Crypto gambling site and we have many gamblers shifting to Cryptocurrency.
And some of the website owners in crypto might be among the richest people but they would never be listed because their holding are in cryptocurrencies and it's nearly impossible to evaluate their total net worth. A lot of sites like PD have been running since 8 years and more which means they purchased a lot of coins for cheap and it shouldn't be directly counted as their revenue from gambling service, but certainly it is revenue for them.

I don't think crypto sportsbooks will ever come even close to the fiat sportsbooks because most of the sportsbooks in crypto use a third-party odds provider and most of them are terrible and bet365 have their own odds I think, which is why they are on the top and hardly anyone can match them. The best and best important step for crypto sportsbooks to match fiat ones would be to have their own odds provider instead of a third-party odds provider who troubles users.
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May 24, 2021, 10:26:38 AM
 #25

This is one of the biggest sportsbooks in the world, I know them as they are popular though I'm not playing with this site.

just imagine, a popular site makes this much, so it's expected that crypto gambling sites are also making a lot of profit, however, they can choose not to reveal as fiat and crypto bookies have different regulation AFAIK. If you guys planning to start your own gambling business, this should inspire you.
I just heard them now. I'm bit shocked that they one the most popular and I still don't know them. But even without knowing this site their results are really impressive. I agree to the idea of people planning to start gambling business should get idea from them. Just start making their site with some of their similar features, research what people love from their gambling and add their own style to make it unique. And for sure it would be big milestone too.
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May 24, 2021, 10:41:24 AM
 #26

Well, that's a great shift in the market of gambling related businesses. While the physical casinos are out of operations, the online casinos are hitting the bulls eye. The result is evident and clear as day light.

Bet365 is an old and reputable name in the online gambling market. But unfortunately they don't operate in cryptocurrencies. If they start operating in cryptos, many small crypto casinos will have to declare themselves bankrupt.

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May 24, 2021, 11:19:29 AM
 #27

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.

I think crypto owners will soon bypass that number with a much bigger one.Once the Bitcoin price will increase so will their earnings and I think that some of the big casinos here already has a lot of money circulating in them so beating that number of bet365 is only a matter of time.Nevertheless well done to bet365 for reaching such milestone.

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May 24, 2021, 12:31:16 PM
 #28

Bet365 is the biggest and most known sportsbook and probobly the best one for fiat.If they added crypto i think it would take off massively.But they have strong KYC takes ages to start betting there as well

Also 1.2m per day was earned i think 2 years ago.Now she should be killing.A good fact is that a woman is holding this company.Wasnt expecting this at all.

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May 24, 2021, 12:42:03 PM
 #29

This looks more like and individual achievement and probably we should also know what kind of money did the guy started with and how many business does he have over the world. In any case, it is good news for betting - people found an alternative to spend their free time and enjoy themselves even with all the restrictions of COVID. +1 for the betting industry and its capability to re-invent themselves when they were traditionally seen as something obscure and sometime bordering illegal.
Don't rain down on the parade, you might be right but a lot won't want you dropping truth bombs. Also, this announcement is going to make more people check out Bet365 and the owner is going to get more rich because a lot of people is going to check it out.

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May 24, 2021, 01:17:17 PM
 #30

Imagine how much money is gambled away on various online casinos and sportsbooks if just one person from one platform managed to earn almost $600 million? It doesn't surprise me. With many parts of the world under lockdown, many people turned their attentions towards online gambling. The results of all that can be seen on the bank accounts of Denise Coates and online casino owners just like her.   

Betfury has opened a sportsbook you mean?
Betfury doesn't have a sportsbook. There has been some talk that it might be created sometimes in the future, but there isn't one right now. 

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May 24, 2021, 03:27:40 PM
 #31

My thoughts? I am just upset because it means more people are gambling which is never a healthy thing for our economy. There is no doubt more people have started to gamble in these pandemic times since everyone has more spare time and fewer activities to do.

This might be the reason we see a lot of crypto gambling sites are much busier than earlier, I see a lot more giveaways and bigger races for casinos. This is all possible when there is an increased revenue or traffic for them.

Good achievement and personally as I have used bet365 earlier, I am glad they are growing because they have the best range of sports and a lot of times I watch games there and bet somewhere else Grin.

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May 24, 2021, 06:25:49 PM
 #32

Its a bit pointless for most CEOs to earn millions. They don't do anything useful with the wealth they accumulate. None of it will go towards causes that benefit or advance society.

Business for gambling establishments must be booming at the moment. Its an under reported story I haven't seen covered anywhere. It might also explain the recent slew of anti gambling content published by the media.

It should be mentioned many gambling establishments and sportsbooks were bought up by investment firms around 2018. They've attempted to consolidate and centralize the gambling industry to some degree. Capital being poured into advertising and marketing as a result, could be reflected in the monetary gains of Bet365's head.
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May 24, 2021, 07:58:17 PM
 #33

We were well aware of the fact how pandemic did change the whole society. How people instead of going outside had to find ways to entertain themselves at the comfort of their own homes. The casinos closed down and at the same time online casinos were making a move. New casinos joined in and most of them started gaining immense profits.
Bet 365 is in the online gambling space for over a decade and they have a really cool sports betting platform and if they start accepting Bitcoin i would use them instead of the present deposit of third party application and then converting that to fiat. I played in the platform well before we had any decent sports book in the cryptocurrency space and now there are decent sports book in this space which accepts multiple cryptocurrencies and hence i stick on to cryptocurrency based sports sites.

The advantage they always had is the highest odds and the live gaming options are diverse than we see in cryptocurrency based sportsbook with live coverage and now i only use them to watch the event and bet on cryptocurrency based sportsbook.
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May 24, 2021, 08:21:54 PM
 #34

We were well aware of the fact how pandemic did change the whole society. How people instead of going outside had to find ways to entertain themselves at the comfort of their own homes. The casinos closed down and at the same time online casinos were making a move. New casinos joined in and most of them started gaining immense profits.
Government started raising taxes on the online crypto casino since they were actually able to get a lot of funds in and guess what ?
BET365 OWNER JUST MADE IT TO THE RICHEST 2021 LIST OF THE SUNDAY TIMES!!
https://www.gamblinginsider.com/news/11992/bet365-owners-make-top-20-in-sunday-times-rich-list-2021
Here is a little quote from there :
Quote
Just last month it was revealed that the founder and majority shareholder of Bet365, Denise Coates, earned a salary of £421m ($598m) for the year ending March 29.

She also earned dividends of £48m which took her total sum to £469m; the amount earned was thought to be the biggest pay cheque in British corporate history.

Her salary was 50% higher than the £277m taken in 2019; in 2020 she earned nearly £1.2m every day, according to the High Pay Centre this was more than every boss of a FTSE 100 company.


Well congratulations! What are your thoughts on this ?

While I admire her tenacity and the very fact that another woman has joined the league of the super rich, I wouldn't say that gambling institutions are in any way a productive part of society. Sure, they provide the odd bit of entertainment to people who have the ability to constrain themselves, but most of her money will have come from people left feeling very depressed and unhappy - even if it was their choice to participate. It goes to show that online gaming companies have made an absolute killing through the pandemic, that may eventually drop away once people can start visiting physical destinations again. I am glad she is the sort of owner who retained a large holding of their company, because that is a true sign of commitment and can be quite rare in the corporate world these days.

R


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May 24, 2021, 09:52:36 PM
 #35

My thoughts? I am just upset because it means more people are gambling which is never a healthy thing for our economy. There is no doubt more people have started to gamble in these pandemic times since everyone has more spare time and fewer activities to do.

This might be the reason we see a lot of crypto gambling sites are much busier than earlier, I see a lot more giveaways and bigger races for casinos. This is all possible when there is an increased revenue or traffic for them.

Good achievement and personally as I have used bet365 earlier, I am glad they are growing because they have the best range of sports and a lot of times I watch games there and bet somewhere else Grin.
Lets set aside when it comes to economic matters or topics since this one do shows off that there are lots who had been dealing with gambling even into this amidst of pandemic situation.
I cant really blame out though since this situation do really put us more into a state on where we do really get involved or having more screen time which means
those old gamblers would be looking out for alternatievs for them to play and even hooking up new people to play because of the exposure of gambling in online world
and to those owners or part of the team will surely be mainly benefited for such influx of players.

R


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May 24, 2021, 09:58:09 PM
 #36

Thanks to the gambling addiction, the sports bookie CEOs make a ton of money every year...
The Bet365 is a popular UK bookie and the number one brand came to mind for checking the live game statistics. There are alternative bookies but nothing can beat the live game interface of Bet365, it is logical to be in top 5% with such a huge worldwide gambling turnover.

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May 24, 2021, 10:08:07 PM
 #37

Thanks to the gambling addiction, the sports bookie CEOs make a ton of money every year...
The Bet365 is a popular UK bookie and the number one brand came to mind for checking the live game statistics. There are alternative bookies but nothing can beat the live game interface of Bet365, it is logical to be in top 5% with such a huge worldwide gambling turnover.
The CEO of Bet365 made a good platform for online gambling and this is the result of her hard work and passion, now she's enjoying the life of being one the richest women, there's no doubt that the demand for online gambling has increase due to the pandemic, they see this one coming and they took advantage of it. Most of the Casino owner are rich and still generating huge profit, though some are still failing that's because of mishandling the company. Anyway, Bet365 is indeed a good platform based in UK I see their promotions online and its good to have that option for the British.

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May 24, 2021, 11:59:26 PM
 #38

Thanks to the gambling addiction, the sports bookie CEOs make a ton of money every year...
The Bet365 is a popular UK bookie and the number one brand came to mind for checking the live game statistics. There are alternative bookies but nothing can beat the live game interface of Bet365, it is logical to be in top 5% with such a huge worldwide gambling turnover.
The CEO of Bet365 made a good platform for online gambling and this is the result of her hard work and passion, now she's enjoying the life of being one the richest women, there's no doubt that the demand for online gambling has increase due to the pandemic, they see this one coming and they took advantage of it. Most of the Casino owner are rich and still generating huge profit, though some are still failing that's because of mishandling the company. Anyway, Bet365 is indeed a good platform based in UK I see their promotions online and its good to have that option for the British.
You wont really be reaching out that spot or recognition if you haven't done something and its true that due to hard work and persistence and dedication for this business

it did really paid off and it do even more make out some progress when this pandemic hits up.. We cant really deny that there are indeed some industries which do really

make out some advantage on the current situation we are in.Its hard to think on the money being spent on gambling instead of saving it up but there are people whom do love to play.

R


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May 25, 2021, 05:29:47 AM
 #39

I feel like sky is the limit for them since their sportsbook seems to be miles ahead from the other fiat competitors so they'll probably break that record within the next year or two. I've never used their sportsbook but I sometimes check out their live stuff since they're one of the few sites that offer good live feeds when it comes to esports.

a lot of times I watch games there and bet somewhere else Grin.
This is so true, i've seen so many gamblers mention bet365 as a way to watch most of the games and then use another sportsbook to place bets.

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May 25, 2021, 05:54:14 AM
 #40

Online gambling broke the camel's back after the compulsory lock down due to covid-19 pandemic. Since then a whole lot got involved in online gambling since it happened to be more convenient for gamblers across globes. Also since there are no physical contacts and individuals don't necessarily have to gather at a spot before placing a bet most gamblers made tremendous use of this gambling option which yield a lot of fortune for gambling sites. I would say a big congratulations to Bet365. For now online gambling has come to stay and there are more possible profits to made
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