Betfred & British Horse Racing cooperation set to end

23 Sep 2017

Betfred horse racingThe well known bookmaker is set to put the nail on the coffin on their long cooperation with British Horse Racing. This shocking move is expected to be followed by increased turmoil along UK horse racing tracks.

Betfred currently sponsors 600 races and have publicly admitted that they will shut down 49 of the 51 betting shops they currently operate on UK race tracks.

According to experts, this would happen sooner or later after the company garnered the exclusive rights to offer Tote betting (a form of UK pool betting) back in 2015.

Track owners are far from happy from this arrangement and are already laying plans for their own alternative betting scheme, despite the fact that Betfred had paid £233 million to maintain exclusive privileges.

Betfred chief executive, Fred Done said that he is done with horse racing: “As from next year, we will fulfil everything we promise. We will not go back on anything or dodge anything or get out of contracts. If anything, the regret I have about not being on racecourses is that our association with racing is broken now and will be finished next year. But that’s not business, it’s sentimental.”

Although Betfred is planning to close nearly all the track-based shops, those are operating at Ascot and Chelmsford will remain open for the time being.

Why choose Betfred

The respected bookmaker
  • Respected bookmaker
  • 50 years of experience in betting
  • Impressive football payout
  • Many betting selections
  • Quality mobile app
  • Live streaming & cashout available
  • High winning limits
  • Live support available 24/7
Play now!
Ηigh Odds
BOOK SPY
BOOK SPY BONUS REVIEW

Betfred is a well known name among bettors in Britain as they have been around for the past 50 years. I mostly remember their betting shops in the UK, however, they managed to impress me with their nicely made website as well. The high odds on most football matches are a welcome addition and the fact that they are regulated by the UKGC and GLA certainly cannot be overlooked. Their variety of payment methods is sure to satisfy even the most demanding punters while the welcome bonus of £30 with a simple £10 deposit is quite impressive. A few more promotions, more languages and some Asian Handicaps would be a welcome addition, to an otherwise quality bookmaker.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

Online sports betting operator 22Bet has reached an agreement with French Ligue 1 champions Paris Saint-Germain. The two-year deal, ending 2022, will ...

Read more »

The South African National Gambling Board has issued a statement this week concerning the legality of online gambling. There have recently been some r...

Read more »

Betting operator 888sport announced that it has signed a sports betting partnership agreement with the National Football League (NFL) in the United Ki...

Read more »

British GVC Holdings PLC is launching an investment program to support grassroots sports in the UK. It will be helping the lower tiers of English foot...

Read more »

Dominic Beier has stepped down from his position as Interwetten Sports’ Speaker of the Board. The 29-year-old had joined the company in 2018, replacin...

Read more »

BGC, the UK’s Betting and Gaming Council, has announced the implementation of a new set of measures in order to prevent underage audiences from being ...

Read more »

Online sportsbook and casino operator Vbet will be sponsoring French Ligue 1 powerhouse AS Monaco. The deal includes seasons 2020-2021 (which just sta...

Read more »

UK-based bookmaker Betfred has announced the extension of its World Snooker Championship sponsorship until 2022. It is considered the biggest snooker ...

Read more »

European sports betting firm Melbet is expanding its presence in Africa by entering the Kenyan market. After already operating in Nigeria, Ghana and U...

Read more »

The UK Gambling Commission has lifted the ban on sports betting exchange Matchbook. The brand, running under operator Triplebet, had its UK pool betti...

Read more »

Latest Betting Offers