How Bet365 Made £660 Million Last Year (Shocking)
In 2018, popular bookmaker Bet365 made a whopping £660 Million in operating profit!
However, they aren’t the only bookmakers that make such staggering profits annually from bettors. These companies use a variety of tactics to rip people away from their money.
In this video below, you will see an in-depth analysis of how these companies manage to make a fortune every year…
The tactics used are not common practice, though, so you can beat them. In this post, we will consider what these tactics are.
Bet356’s Millions:
I think it is quite incredible just how much these bookmakers make off people. Several of them, including Bet365, Ladbrokes, Coral, and 888, make advertisements that claim that they want smart people trading on their platform. In fact, one such bookies, Unibet, in a popular advert says it wants ‘Smart traders.’ But the evidence points otherwise.
How they made millions
With the advent of technologies, bookies have evolved more ways of making money and preventing you from truly winning.
Using data and algorithms, they observe the behavior of a new bettor. As soon as you sign up, they create a digital profile of you to track your betting behavior.
For example, if you are an erratic bettor or somebody who gambles less responsibly, or in simple terms — someone who doesn’t know what they are doing, they will increase your limits and encourage you to bet more. They do all this and make very little effort to stop you from making bad decisions. Thus, you hand all your money over to them.
Now, this wouldn’t be that bad if the bookmakers created a level playing field. If you sign up and show that you do know what you are doing, you place bets at good value and know when to bet — you would be restricted or even stopped altogether from placing bets.
In simple terms, if you lose the money, you are welcome. But if you make money, you are shown the door. This is legal extortion and wrong. Unfortunately, no-one is stopping them, and that is why bookmakers like Bet365 can make up to £660 Million in operating profits in a year.
Conclusion
In 2020, you have very little chance of making the money that you want if you continue to use such bookmakers…