Top 3 Betting Franchises in the UK

Modified on - Published on

betting franchise opportunities

There is a huge market in the UK for sports betting at bookmakers, also known as betting shops, and licensed websites or apps, the most popular being for football, greyhound racing and horse racing. If you’re keen to capitalise on this and make healthy profits with your own betting franchise, you’ve come to the right place.


Gambling in the UK is big business. Statistics show that between April 2018 and March 2019, the total gross gambling yield of the industry was £14.4 billion. The gambling industry incorporates bingo, casinos, the lottery, scratch cards and amusement arcades, but one of the sectors with a long history in the UK is sports betting, which is the focus of this article. There are currently around 10,761 gambling premises employing 102,782 in Great Britain, 8,320 of which are betting shops. Fancy being the next with a betting franchise? Read on…

Reasons why starting a betting franchise is a good idea

1. Online market

As well as betting shops being a fixture of the British high street, a huge advantage of betting in the UK is our unrestricted online betting market. The British public can make the most of major betting shop franchises’ websites, as well as using the online services of bookies across the globe.

2. Customer retention

A benefit of opening a shop-front-style betting shop as well as, or in comparison to, online is the likelihood of an improved customer retention. When visiting a betting shop, loyal customers can share experiences and talk to others from their community, making them want to come back for more.

However, the number of betting shops in the UK did reach over 17,000 at one point and this number has halved due to a surge in the internet and apps. For this reason, the majority of UK bookmakers operate online. Also, this could indicate that opening an online betting franchise could be a less risky business venture.

3. Small initial investment

While this isn’t always the case, betting franchise opportunities often have relatively small initial investments. And many franchisees see rapid earnings in a short time period.


>> Read more:


Top 5 betting companies in the UK

Ladbrokes, Coral, William Hill, BetFred and Totesport combine to form 80 percent of the betting shop market in the UK. These operate some of the biggest and most successful online betting shops too.

1. William Hill

The largest betting franchise based on size is William Hill, which has 2,325 betting shops. Founded in 1934, it has now grown to also be the US’s largest bookmaker after its acquisition of three sportsbook chains: Leroy’s, Lucky’s and Club Cal Neva.

2. Ladbrokes

Ladbrokes comes in second with 2,119, but its yearly revenue trumps William Hill at £2.5 billion compared to £1.7 billion. Ladbrokes was established in 1886 and now employs over 14,000 people.

Did you know? There are currently around 10,761 gambling premises in the UK

3. Coral

Founded in 1929 by Joe Coral, it now as 1,629 locations across the UK.

4. Betfred

Established in 1967, Betfred is the youngest company out of the five and has 849 UK betting shops. Betfred purchased Totesport for £265 million in 2011, which means it owns the fourth and fifth largest betting shop franchises.

5. ToteSport

Formerly known as the Horserace Totalisator Board, ToteSport was previously owned by the UK Government before being sold to Betfred.

According to their websites, none of the five largest UK betting shop franchises are advertising any franchise opportunities; potentially to focus on their online offering.

Top 3 betting franchise opportunities in the UK

1. Tipbet

Tipbet is a sports betting franchise that offers industry-specific expertise, advanced technology and years of experience. Founded in 1995, the company is Malta-based, with the headquarters in Gzira.

  • Becoming a Tipbet franchisee: The business has primarily focused on the online market. However, there are branded shop-front betting shops run by franchisees. If you want to learn more about starting your own, click here.

  • How much you need to invest: Interested applicants need to be passionate about sports and sports betting, and have start-up capital of €25,000.
     
  • What you get in for your investment: When becoming a Tipbet franchisee, you will be provided with ongoing support, from planning to day-to-day running. There are a range of bets on offer, with up to 10,000 live games a month and up to 30 different sports to satisfy the customer. For this reason, the company has a very loyal customer base. There is a great earning potential when opening a Tipbet shop, with scope to earn up to 85 percent commission.

2. Bet3000

This is a brand of the betting operator IBA Entertainment Ltd. and has heaps of experience in the horse racing and sports betting sectors.

  • Becoming a Bet3000 franchisee: It encourages entrepreneurs who dream of owning their own successful betting shop with fast commission payments to apply. Click here to register your interest.
     
  • What you get for your investment: You can make the best of Bet3000’s decades of experience. You’ll receive invaluable training and ongoing support before launch day and when you’re up and running. You’ll also be guided through advertising and marketing.

3. 1xbet bookmaker franchise

1xbet is an internet entertainment resource that features betting, lotteries, poker, bingo etc. It has high customer retention because of the bonuses it frequently rewards players with. There are smartphone and desktop apps so betters can enjoy a simple betting process.

  • Becoming a 1xbet franchisee: You can get in touch with a specialist to make sure the set-up process runs smoothly. To learn more, click here.
     
  • What you get for your investment: A high-quality website, hardware and software, and help with recruitment.

Start a betting franchise

If you’re eager to start a betting franchise in the UK, you can consider our top three. There isn’t an abundance of UK-based franchising opportunities, however. If you’d rather join a sector that has adopted the franchise model more widely here in the UK, you might want to consider fast-food, home care or retail business opportunities.

>> Read more articles on the Online & Internet sector

These articles may interest you

Top 10 Questions to Ask Franchisors When Evaluating a Franchise Opportunity

Running a franchise business involves a significant amount of time, [...]


6 Advantages of Running a Seasonal Franchise

You may not have considered running a seasonal franchise - you may not [...]


Top 3 Footwear Franchises in the UK

Thinking about opening your own footwear business? A franchise could be [...]


Franchisor Tips: 6 Mistakes to Avoid When Running a Franchise Network

Running a franchise network is a great way to expand a business quickly, [...]


ARTICLES FOR FRANCHISORS

10 Tips for Franchise Networking in a Virtual World

  Taking the time to make new contacts is something we should all [...]


EVENTS AND MEETINGS

Customer Success: How Point Franchise’s Targeted Franchisee Recruitment Solution Helps Business Partnership Grow

We caught up with Alex and Paul Dodgshon, veteran franchisees and now [...]


DEVELOPING YOUR OWN BUSINESS IN FRANCHISING
Did you enjoy this article? Please rate this article
Average rating 5.0/5 based on 2 votes
These franchises may interest you
Metro Rod franchise

Metro Rod

Drain Care and Repair

Discover rewarding franchise management opportunities with one of the UK's leading drain care and [...]

Read more ›
Minimum investment
£50,000
Personal & Home Care Services
Request
information
Heritage Healthcare franchise

Heritage Healthcare

An expert in Homecare Services

Heritage Healthcare is a family run organisation that provides fantastic home care services, enabling [...]

Read more ›
Minimum investment
£35,994
Personal & Home Care Services
Request
information
Heavenly Desserts franchise

Heavenly Desserts

Affordably Luxurious Desserts

Join Heavenly Desserts and start a fulfilling career in crafting delicious desserts.

Read more ›
Minimum investment
£110,000
Food
Request
information
TaxAssist Accountants franchise

TaxAssist Accountants

The Accountancy and Tax Service for Small Business

TaxAssist Accountants is the largest network of accountants in the UK dedicated to serving the [...]

Read more ›
Minimum investment
£39,950
Finance
Request
information
Drain Doctor franchise

Drain Doctor

A Neighbourly Franchise

You’d have heard the phrase where there’s muck there’s money, you could earn 1.5 million in net [...]

Read more ›
Minimum investment
£35,000 +VAT
Personal & Home Care Services
Request
information

0 Comments

Post a comment

Characters remaining: 250