If you are looking for an alternative to the traditional form of wagering, pool betting could well be for you. Pool betting involves funds being placed into a “pool”, before being shared among the winners. Pool betting is now available with some of the leading bookmakers in the UK. This form of wagering is also enjoying something of a renaissance, so there has never been a better time to get involved. On this page, we will explain everything that there is to know about pools betting. This includes the best sports, examples and leading pools betting sites.
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As with traditional betting, there are a number of factors which separate the best pool betting sites from the restl. When we are ranking available platforms in the UK, we take into account the following points:
While an increasing number of bookmakers offer pools markets, there are undoubtedly some which stand out from the crowd. Let’s take a closer look at our favourite pool betting sites, including their pros and cons:
Founded in 2017, Quinnbet offers more pool betting markets than most other bookmakers. Pool bets can be placed on football, horse racing, tennis and basketball. Licensed and regulated by the Gambling Commission, Quinnbet has developed an excellent reputation for itself. The number of syndicates ranges between events, with punters being able to join an existing syndicate or create their own. It is easy to see when pools start, as well as how much it costs to enter.
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Partnered with Colossus Bets, BoyleSports is another leading platform for pools betting. One of the best things about Boylesports is the fact that prizes can be won by those who narrowly miss out on the jackpot. Known as consolation prizes, an example could be getting 7 out of 8 predictions correct. This is a major selling point. Football, horse racing, basketball and ice hockey are among the available sports. A cash out feature is also available, with Boylesports benefiting heavily from what Colossus Bets has to offer.
As well as the web’s biggest betting exchange, Betfair also offers pools through Colossus Bets. With sportsbook and virtual options also being found, Betfair is quite rightly regarded as one of the leading operators around. Bets can be placed on a dedicated app, which is available on both iOS and Android devices. Meanwhile, punters can also take advantage of a regularly updated sports blog, 24/7 support and betting tips.
As one of the best known and historic bookmakers in the world, it should come as no surprise that William Hill offers this type of betting too. Tote betting on horse racing is available daily, while football options are also found. There sportsbook makes it easy to find pools, with punters being provided with all necessary information. Bets can be placed on a dedicated betting app too, perfect for mobile customers. Meanwhile, William Hill scores highly when it comes to support, payments and usability.
Betfred had the monopoly on UK horse racing tote betting until from 2011 to 2018, with the bookie still remaining one of the key names in this area. Exacta, trifecta and other bets can be placed on horse racing, while football options are also available. A generous welcome bonus is available to customers, with the Betfred sportsbook featuring daily price boosts.
Having first come to prominence in the 90’s, pool betting is very much back. Popular in the UK and other regions, pool betting is all about community. There are a number of different types of pool markets available today, including Tote and pari-mutuel. While many are put off because of this, those who take the time to do their homework will undoubtedly enjoy pool betting.
Simply put, all punters betting on a particular selection will see their money go into a kitty. Upon that selection winning, winnings will be divided from the pool. It is important to recognise that there are no odds involved. However, some pool betting sites will charge a commission. In order to help beginners understand how pool betting works, let’s take a look at an example:
Based on a Premier League football match involving Manchester United and Liverpool, there are three possible outcomes. Bets can be placed on a Manchester United win, draw or Liverpool win. Let’s say that 10 people have bet on Manchester United, 5 on the draw and 8 on Liverpool to win. Each bet is worth £1. The total jackpot for this event would be £23. Those placing winning bets would share this jackpot.
Horse racing is the sport most commonly associated with pool betting. Referred to as Tote betting on many sites, win/place, exacta, trifecta and swinger are among the available bets. When it comes to leading meetings from Ascot or Aintree, jackpots can be significant. However, the more people that back the winner, the lower the winnings will be. William Hill regularly offers horse racing pool betting markets, having been one of the first bookies to offer this form of wagering.
There are few better options for fans of the beautiful game than The Football Pools. Here, punters can place classic pools bets, as well as goal rush, jackpot and lucky clover wagers. With football being the most popular betting sport in the UK today, it should come as no surprise that pool options have been made available by many bookies.
The number of available bets varies between sports. With football and horse racing being the most common and popular sports for pool betting, these are what we will focus upon. With that being said, the following are the different types of pool betting available to punters in the UK today:
Whichever option is chosen, it is worth remembering that the more picks, the higher the potential rewards will be. However, this obviously enhances the risk too. Jackpots can range from £5,000 to millions.
At this point, you may still be weighing up whether to stick to fixed odds betting or turn to pools betting. The biggest difference between the two formats is the lack of odds with pool betting. This can be either a benefit or limitation, depending on your needs. Punters will not know how much they are going to win from successful bets.
As such, they must make a prediction on both the result, as well as how other players will bet. While there is a chance to win large amounts, however this obviously depends on the number of bets placed. As such, those wagering on less high profile sporting events may receive relatively small earnings. The following are the main pros and cons of pool betting, perfect for those looking to decide whether it is right for them:
Before you get involved in betting pools, it is important to understand exactly how things work. Pools betting explained can perhaps be achieved best by looking at an example of how returns can be made. We will look at horse racing, given that this is the most popular pool sports. Imagine that you wish to bet on a number of races at Cheltenham. Winnings will differ, based on the size of the bet and number of lines. Let’s say the placepot is paying £2,000 to a £1 stake, with four winning £0.20 lines having been placed. This would make a total of £0.80 in winning bets, meaning that £1,600 would be won.
For those looking for something a little different, pool betting could well be the way forward! Our recommended sites all offer something a little different, with those who successfully predict sporting outcomes being in a position to win significant jackpots. While horse racing and football are the most common sports, others are being added quickly. The lack of odds should not put punters off either. Pool betting comes with a host of benefits, which undoubtedly outweigh the minor limitations. So, be sure to check out our top ranked pools betting sites. As always, each is completely safe and trustworthy.
Pool betting involves wagering on the outcome of a sporting event, with winnings being calculated by the number of other bets placed. The total from all bets creates the “pool”, from which winnings are paid out. Pool betting can involve one or a number of events.
When placing such bets, it is important to remember that there are no odds. As such, punters will not be able to calculate their potential winnings. On top of this, a proportion of your stake is likely to be retained by the operator.
No. Pool betting is only available with selected online bookmakers. However, punters in the UK will find that many of the leading brands in the industry cater for their needs. Betfair pool betting is hugely popular, while Quinnbet, Boylesports and William Hill are other good alternatives.
A huge number of football leagues and tournaments are found on pool betting sites today. The English Premier League is undoubtedly the most popular. However, bets can be placed on the Champions League, La Liga and World Cup, among other competitions.
The most commonly associated sports are horse racing and football. However, more sports are being added, with tennis and basketball options now being available too.
Promotions tend to be available only to sportsbook and betting exchange customers. However, some of our top ranked pool betting sites also offer promotions. Both new and existing customers will potentially find themselves in a position to qualify.
James is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.
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