The Coates family is from Stoke-on-Trent, England, which is a small, working-class city. The patriarch of the family, Peter Coates, was an entrepreneur who was involved in many businesses. You can read a full bio of Peter Coates and his family here:

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One of the businesses that Peter Coates decided to invest in was a series of failing betting shops around England that he wrapped under the name of Provincial Racing.

Having already had success in other businesses, including a sports arena catering company, Coates had the bankroll to rebuild this business, the love of sport (he was a semi-professional English footballer himself), and the desire to remain in the betting business.

Coates had two children, Denise and John, and from an early age, they were involved in their father’s business.

Denise was specifically involved in the betting shops, having started her employment there as a cashier in her teens and continuing to work there throughout attaining her Economics degree in university.

After she graduated, Denise started to take on a larger role with Provincial Racing, eventually becoming the manager for the whole business. She was an excellent businesswoman – the company was growing and becoming more profitable each year.

However, this didn’t stop the wheels turning with Denise. She was looking for the next play for the company, and came up with an idea.

Internet gambling was starting to become prevalent in the late 1990s, and armed with a land-based stable of clients, Denise Coates was certain that she needed to be in that space as well. She had found a unique URL to purchase, and with a loan from her father, she bought Bet365.com.

The next step was to get software built and ready to launch a full, online sportsbook. This would cost money, and the online site would borrow money from Provincial Racing to accomplish this development.

A new corporation was set up for the online piece of the business, with Denise holding a slight majority of 50.2% of the shares. Her father and brother owned 43% between them, with the rest was set aside for other investors and employees.

So, with a great URL, a piece of software, and the money behind it to market their venture, Bet365 was ready to launch. In March 2001, the site went live, and the company started their rise to the top.

Bet365 Sport Banker Bets: What Are They And How Do They Work?

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One of the most exciting aspects of betting with Bet365 Sport is that you have a massive choice of bets to choose from. Not only do you have the usual Win or Each Way bets available, but there’s a wide range of multiple selection betsavailable too.These bets include Doubles, Trebles, and Accumulators. There are also more complicated multiple-selection bets, such as Yankees, Canadians, Lucky 15’s, and the like.

However, in addition to all these different types of bets you can access easily at Bet365 Sport, there is another bet which you can access directly from your betting slip. These bets are Banker Bets. They offer punters a different way to bet on multiple-selection bets.

Banker Bets can be tricky to find at Bet365. In fact, it is very easy to miss them, as they are only accessible once you have a bet slip with the required number of selections. However, they do offer punters an exciting and flexible way to bet on multiple selections. The bet offers a fabulous compromise between the single line accumulator bet and the rather expensive to back multiple line combination bets.

In this article, we are going to explain exactly what Banker Bets are . Then we will look at how you can place a bet on themat Bet365 Sport.

Explaining the Bet365 Banker Bet

A banker bet is a form of betting on three or more selections on a bet slip. It is different from a standard accumulator bet, which includes all selections on a single bet. It is also different from a combination bet, which can include some or all possible combinations of the selections on the bet across multiple paylines.

There are essentially two steps to placing a banker bet. The first is adding the selections to your betting slip. From these selections you decide which one (or more) you would like to select as your “banker” bet(s). The second part of the bet is then deciding which out of the available bets based on your banker selections you would like to back.

How do I pick my banker selections for a bet?

You begin making a banker bet in the same way you would any other multiple selection bet with Bet365, and that is by adding selections to your bet slip. Once you have added three or more selections to your slip, then you need to select the “Banker” betting option on the bet slip. We’ve provided a guide on how to do this below.

Once the bet slip changes to a Banker Bet, then you will see all your selections listed. When you select one of these as a banker bet, then this (or these) selection(s) must win if any of your bets are to come in. If any of your banker bet selections lose, then your bet loses.

As such, it is imperative that you select your banker options very carefully. You want to ensure you have the utmost confidence in them winning. When you are confident in your banker selection, highlight the box with the letter “B” inside it on the bet slip. Once this is highlighted, the selection is now one of your banker bets.

Depending on the number of selections on your bet slip, you can elect to have more than one banker bet. When you have a bet slip with a large number of selections, having more than one banker can reduce the number of lines you need to cover. Thus, you reduce the initial size of the bet considerably. However, you have to weigh the benefits of that up against the chances of all your banker bet selections winning.

Now that you have selected which of your selections will be banker bets, you now need to move on to the second part of placing the bet. That is deciding which of the available bets to back.

How do I decide which of my available banker bets I should back?

Once you select a banker bet, then you will notice that the options available on the betting slip change automatically. Underneath the banker section, you will see a list of all the available betting options. These options combine your banker selection(s) with the other selections on the betting slip.

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These are listed in a shorthand format, which looks a little like the options outlined below. These are found when you place a three-selection banker bet, when you have just one selection as your banker.

• 1B + 1/2
• 1B + 2/2

How the Banker Bet wager works

This shorthand simply means that there is one banker selection (1B). In the first example, you need one of your two selections to win in order to receive a return. This bet requires you to cover two lines. One is for the Banker Bet and selection one. The other is for the Banker Bet and selection two. Therefore, if you want a £10 unit stake on this bet, this would cost you £20.

In the second option, you have your Banker Bet (1B). You are now saying you want both your other selections to win in order for you to receive a return (2/2). This is a single line bet and a £10 unit stake on this bet would cost you £10 to place.

What makes this bet so flexible is that you can elect to back either just one, or both of these selections as your banker bet. Backing both would cost you £30 for a £10 Unit Stake. However, you can back one of them individually if you prefer. The choice is entirely yours.

For simplicity, we used a three-selection banker bet as an example. As the number of selections in a banker bet grows though, the number of options available for each bet grows exponentionally. As such, punters need to be very wise about which of their bets to use on the Banker Bet. However, by being able to select which bets you cover, you can keep the overall cost of the bet down.

How do I find Banker Bets on the Bet365 bet slip?

Banker Bets are relatively easy to place and understand. The main problem many people have is finding them. This is easy to find when you know where to look, and the answer is to look on the bet slip once you have made your selections.

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Here you will see a drop box which contains the word “Standard”. This means that this is the standard betting slip used to place most bets at Bet365 Sport. Simply click on the drop down box to reveal other options of bet slip. One of these will be “Banker.” Select this and you will load up the Banker betting slip.

You then place your bets exactly as outlined above. You can be betting using banker bets in no time at all.

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So if you have signed up with Bet365 recently and are looking at enjoying all the sports betting site has to offer, don’t forget the Banker Bets . They offer a cheaper and more flexible way to bet on multiple selections than either accumulators or other multiple selection bets.