This is one of the common hurdles put forward by clubs, but it’s a common interest between all parties.
Our aim is not to promote gambling to everyone. Our aim is to help clubs promote gambling to those associated with the club (fans, players, etc) who already gamble. Instead of gambling with their bookmaker of choice, our aim is to help you get these people gambling with you and helping the club.
We also have protocols in place so that minors can’t register to have accounts, and we feature various pieces of advice to gamblers on the importance of responsible gambling, including contacts for advice services and tools to limit exposure.
Please see: www.gambleaware.co.uk/recognise-a-problem
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Yes, it sounds too good to be true, doesn’t it? But your club WILL receive a share of the ‘pooled’ 20% of net revenues. We know that funding is very tight and revenue streams are hard to come by. Our aim is to help grow grass-roots sport. We want clubs to encourage those who like a flutter to migrate to their very own betting service – they will get the same great odds, but they will be supporting their club as well. Everyone benefits. Professional club registration offers are arranged on a club by club basis. We are happy to discuss this with you.
From the time you give us your logo and colours we will make the site available within 24 hours. It is then a matter of your website administrator adding a hyperlink from your website to your own unique betting website. We will then be working with you to help you promote your new service.
One month after your club betting site is set up and activated, we will provide you with a statement which shows the total sum of bets made within the previous month and any revenue payments due to the club based on the figures of each month end. You will then be invited to invoice Clubwin, and we will pay out within 21 days of receipt of the invoice. The ‘pot’ resets at the end of every single month.
Payment is monthly in arrears.
This is done by the bookmaker as part of their normal operations, as required by the terms of their betting license. This is known as the KYC procedure (know your client).
The new ‘pooled’ system means that clubs will instead receive a percentage share of revenues across all clubs and across all sports. This is a much fairer system to provide funding for clubs.
Clubwin will add the net profits from all clubs. 20% of the net revenues will be put into a pool and these revenues will be shared as a percentage.
In the example below, the net Profit/Loss for three separate clubs is £40.00. 20% of Net Profit/Loss would be divided equally between the clubs, depending on each club’s turnover, e.g. Club A provided half of the total turnover for all three clubs, and therefore receive 50% of the Total Club Earnings, which would be £4.00.
Therefore, the more betting turnover your club manages, the higher their share of the profits will be. The more clubs that sign up to the service, the likelihood the pool fund will be bigger. The intention is that all clubs will receive something every month, regardless of whether their service has a losing month or not.
The ‘pooled’ process is transparent. Each club will be able to see where the revenue is made and how it is shared.
Club Betting Betting Net Club
Turnover Profit Profit/Loss Earnings
Club A £100.00 £120.00 -£20.00 £4.00
Club B £50.00 £30.00 £20.00 £2.00
Club C £50.00 £10.00 £40.00 £2.00
Totals £200.00 £160.00 £40.00 £8.00
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