Skybet are part of the BSkyB Group Plc and have been online since 1998. They were known as Surrey Bet until 2003 when the acquisition took place. Skybet.com is licensed in the United Kingdom and has a registered address in Harrogate, North Yorkshire. As one of the 20 largest companies in the UK, BSkyB provide a strong degree of credibility, not to mention financial clout to their betting arm. Due to the provision of satellite television, Skybet's service has also become synonymous with ''pressing the red button'' and betting interactively using the remote control.

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