Betting Syndicates Explainedby Steven Hubbard
In short, syndicates are a type of pool betting involving two or more players combing their stakes for a chance to win (share with other winning players in the syndicate) huge prizes.
You may also see this type of pool betting called “Colossus” or even “Jackpot” bets. But, they are all under the umbrella of a betting syndicate.
Syndicates used to be exclusively available to horse racing bets. But, you can now find them in football, tennis and even basketball at a number of betting sites in the UK.
How Do Syndicates Work?
Syndicates are when players combine a certain stake into a pool and then make a selection on multiple outcomes. The prize is then divided among those that made the correct selections.
Example: Mr Green: 1×2- Pick 5 for £5000
Burnley vs Aberdeen
Sarpsborg vs St Gallen
Rangers vs Nk Osijek
Dynamo Kiev vs Shakhtar
Reading Vs Derby
With this syndicate on Mr Green, you have to pick either 1×2 for all the matches in the list. If you get them correct you could win a share of the £5000 or, if you are the only winner, the whole £5000. If you get 4 out of 5 correct you could win a share of £1000.
Now the stake is only £2 so the odds you get are far bet than any acca you could build without the syndicate.
With the highest odds combined using a £2 stake on a normal Acca, you could only win a maximum of £1805.42. But, this is with the highest odds, so all the outside bets combined in an acca is still nowhere close to the potential of winning £5000.
What Are Colossus Syndicates?
Colossus is just the name used for this modern form of pool betting. They cover several different sports but mostly horse racing and football syndicates.
- Guaranteed jackpot prizes- You can get the full jackpot amount regardless of the total amount of contributions from other players.
- Consolation prizes- Depending on the syndicate you can get consolation prizes if you get 4 or more correct. Check the syndicate information to find out the consolation prizes for each one.
- Cash Out option- Players can sell all or part of their bet back to the syndicate to guarantee a profit regardless of the outcome. Of course, your selections need to be winning or you have already won several legs.
You can find these different pool types on several different betting sites including Mr Green, FansBet and Betclic.
- 1×2- Predicting the outcome of a series of matches.
- Correct score – Pick the exact score for a series of matches.
- Asian Handicap – Pick the correct final score match Asian handicap in a series of matches.
- Over/Under – Pick the total number of goals being over or under a specified number (usually 2.5 total match goals) in a series of matches.
- Both teams to score – Pick “Yes” or “No” for both teams to score in a series of matches.
- Win- Pick the outright winner of each race listed in the syndicate.
- Place- Pick a horse/horses to place in each of the races listed in the syndicate. Check out our horse racing guide for more details.
Betting Sites with Syndicates
Below is a list of betting sites in the UK that offer syndicate betting for a range of sports including football and horse racing.
Thepools is back with a revamped sportsbook design while still offering some of the best betting syndicates with pools games worth up to £3million.
Thepools welcome offer
Get £20 in Free BetsClaim bonusT&C Apply
18+, UK only. Deposit and place a minimum £10 cash bet at single or accumulated odds of 1/1 or greater and we will give you £15 in free bets plus an extra £5 Free Bet the following day. Applies to first cash bet only. Free bets credited as 4 x £5 bets to use on 1x Football, 1x Horse Racing, 1x Virtuals & 1x any sport. Cashed Out, Void or Draw No Bet wagers do not qualify for this promotion. 3 x £5 Free Bets are credited upon qualifying first bet settlement, fourth free bet credited by midday the day after your first bet settles. 7-day free bet expiry. Available once per customer. This offer cannot be combined with any other promotion. Full T&C's apply.
QuinnBet is a fairly new Irish betting site (2017) that offers a wide range of pool (syndicate) betting for both football and horse racing. You will find a healthy amount of syndicates to join, and a leaderboard with the best performing syndicate captains!
QuinnBet welcome offer
£25 Free Bet Plus 10 Free SpinsClaim bonusT&C Apply
If your account has Sportsbook losses at the end of your first day's betting, QuinnBet will refund 50% of your losses as a Free Bet up to £25 (min 3 bets) Plus 10 Free Spins on Asgard Warriors. Even if your account is up, you're guaranteed a £5 Free Bet Plus 10 Free Spins provided you place at least 1 bet of £10 or greater at the minimum odds. T&Cs apply | 18+ New UK Customers Only | BeGambleAware.org
Fansbet is a new betting site that launched in 2017, and recently added a “Jackpots” section for syndicate betting.
You will find a healthy community of fellow syndicate punters on FansBet, and massive jackpots reaching up to £1 Million!
FansBet welcome offer
Bet £10 Get £30 in Free Bets +10 Free SpinsClaim bonusT&C Apply
For new UK customers who register via mobile; Place first bet of £10 or more on Sports - minimum 3 selections at odds of 1.5 or greater per selection; Get 3x 10 Free Bet once the qualifying bet has settled; Free Bets must have 3 selections at odds of 1.5 or greater per selection; Free Bet stakes not returned; 10 Free Spins credited in Gladiators go Wild on registration; £50 max free spin winnings; T&C’s apply; 18+.
Mr Green is mostly known for their top-tier online casino, but, they also have a unique sports betting product, and a great syndicate betting section.
You will find a healthy range of syndicate options, on Mr Green covering football, horse racing, NFL, and greyhounds, plus a fairly large syndicate community.
Mr Green welcome offer
Get Up To £50 Matched Bonus +50 Free Spins on StarburstClaim bonusT&C Apply
18+. Play Safe. New UK customers only. Opt in required. 1x per customer. Min. £10 deposit. 1st deposit only. Selected games only. Max. Bonus £100 with 15x wagering and 100 Free Spins at £0.20/spin on Lucky Mr Green with 15x Wagering. Free Spins and Bonus credited once deposit amount has been wagered on slots. Bonus and Free Spins expire 7 days after issue. Game weighting, game, country, currency, player restrictions and terms apply. Already have an account? Log in
Free Jackpot Games
Betway’s 4 to Score
Betway’s 4 to Score is a a free football prediction jackpot game in which you predict the first goalscorers in four select matches to win up to £50,000!
Paddy Power’s Beat The Drop
A fun feature for new and existing Paddy Power customers, in a million-pound drop style for a chance to win £1000. Answer ten questions correctly for a maximum win of £1000. You will have an unlimited play of a ‘10 Q – £1,000 Pot’ game within your first month (30 days) after your first entry. Join Paddy Power today to play Beat The Drop for free today!
888Sport Free-to-play Football Predictor
Try 888Sport’s free-to-play football predictor for the chance to win £8000! Make 8 win-draw-win predictions with the 8 games picked each week by 888Sport. Get all 8 right for the chance to win £8k, or get a £1 free bet for each correct pick!
How to play:
- Join or sign in to your 888Sport account (UK members who are fully verified only)
- Make your 8 win-draw-win predictions with the “Up for 8” game
Join 888Sport and play it’s Free-to-play Football Predictor today!
888sport welcome offer
Bet £10 Get £40 in Free Bets +£10 Casino BonusClaim bonusT&C Apply
£/€10 deposit using promo code "10FREE" - Minimum stake £/€10 at odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days - Withdrawal restrictions, payment methods, country & full T&Cs apply