Some one posted something similar to this before, which someone privided the anwser to, but to set up any gambling website you will need to get authorization (i think)
I havn't read through these sites but check these
http://www.bettingmarket.com/
Quote:
Is there some sort of business plan i should do?.
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Yes you should do a business plan check here for our sample business plan (not the best but its something)
www.EntrepreneurForum.co.uk/sample.html
You will need hosting
www.EntrepreneurHosting.co.uk
Domain - Godaddy.com
Betting scripts (may need to buy one, hire a programmer, or be able to get one for free)