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Introduction to Gambling in the UK
Le 20/11/2018
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We categorize different gambling activities
- Arcades (those for adults and those for families)
- Betting (online, at an event or at a high street bookmakers)
- Bingo (online or in a bingo hall)
- Casino (online or in a casino, like http://slotsdoc.com/online-casinos/winner-casino.htm )
- Lotteries (raffles, raffles, sweepstakes etc.)
- Gaming machines (fruit machines, fixed odds betting terminals etc.)
There are different ways in Several betting qui peut être offert:
fixed odds betting
pool betting
acting as a betting intermediary
spread betting (regulated by the Financial Conduct Authority).
You need a license from the Gambling Commission to offer services.
Fixed odds betting
The most common form of betting is fixed by a fixed amount of money. For example, a £ 10 bet at odds of 2/1 would return £ 30 (£ 20 of winnings + £ 10 stake) if successful. If you want to lose your £ 10 stake.
Fixed odds betting can be offered
in betting shops (off-course)
on tracks (on-course)
by remote means (including online gambling).
Pool betting
Pool betting differs from fixed odds betting as winnings are determined by the sum of stakes paid into the pool. The amount is calculated by dividing the total pool by the number of winning tickets. Pool betting includes:
racecourse pool betting
football and other sports pool betting
fantasy football type competitions.
The Tote (Limited Successor Company) holds the exclusive license (until mid-2018) to offer the best of British horse racing. Tote can, however, give permission to a company in the UK.
Betting intermediaries
A betting intermediary facilitates betting between two or more parties. They do not have responsibility for the bets but often take a commission fee from the winner. Betting intermediaries can be remote or non-remote.
Spread betting
We do not Regulate spread betting. It is the responsibility of the Financial Conduct Authority.
Age restrictions are not
allowed unless a licensed gambling business.
The information is kindlu provided by the Gambling Commission
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