Showing posts with label Bet365. Show all posts
Showing posts with label Bet365. Show all posts

Sunday, 10 May 2026

Bet365 Chief Exec Pays Herself £199m

It's a tough world! 

Also, a scandalous one. 

Founder of Bet365 Denise Coates became the highest paid boss after giving herself a wage of £199m last year. 

The co-founder of the bookmaking firm paid herself the record sum after the company posted profits of £525m for the 2016/2017 financial year. 

The 50-year-old billionaire came from humble beginnings working in her father's bookmakers as a cashier. She started Bet365 website after borrowing £15m against the family's betting shop. Established in a portakabin in 2000 based in Stoke-on-Trent car park. Buying the domain name Bet365.com she built one of the most profitable businesses in Britain. 

Forbes detailed that Coats personal fortune is $4bn (£3bn).

The company has a major stake in Stoke City Football club. 

Recent concerns regarding problem gambling prompted Coats to say:  "Bet365 recognises its responsibility to minimise gambling-related harm and to keep crime out of gambling".

Last year, Bet365 customers wagered $47bn up more than £10bn on the previous year. 

Monday, 20 December 2021

Bet365 Close £1m Winning Account

Bookmakers: Love or hate them? I guess your attitude towards them is dependent on your gambling success. Although, if you win too much they are likely to close your account so you may be frustrated by knowing you can win but can't get your bet on. 

As in the classic film Carry On at Your Convenience (1971). The scene where Joey the budgie astounds Sid Plummer (Sidney James) with a string of winning tips. After years of losing, the hapless Mr Plummer simply couldn't lose. All was good until after taking his local bookmaker to the cleaners once too often his account was: CLOSED!!!!

Listen to Joey the budgie pick winning tips.

A riveting conversation ensued where bettor and layer reasoned the trials and tribulations of gambling, winning and losing.  

Sid Plummer: ''What kind of sportsman doesn't take a bet?'' 

The bookmaker replies:  


''If I was a sportsman, I'd be riding the horse!''

Well, you may think betting with your bookmaker is as simple as winning or losing. So, if you win, you just go and collect your money. If they close your account you can merrily stick up two fingers (or one for the budgie to perch) and say F*** You. 

It sounds good in theory. However, an Irish student from Belfast found out to her displeasure that if you win it might not be quite as simple as you thought. 

You may find that not only is your account suspended but closed

In fact, you may find that not only have your winning vanished but your stake has mysteriously vanished into the bookmaker's satchel and the only way you are going to get your stake or winnings back is by taking them to court. 

That's what happened in a recent bet placed with Bet365. The Telegraph has an exclusive story which details why you don't want to be betting for a third party or give the impression you have. 

Read: Teenager takes Bet365 to court over £1m 'won' on horse races
  
Photo: Pixababy free no attibution