This article utilises Baudrillard’s concepts of sign value and symbolic exchange to examine the ‘Unsponsoring Football’ campaign which was designed by the marketing and creative agencies VCCP and Octagon, and carried out in conjunction with the bookmakers Paddy Power. Clubs were ‘unsponsored’ by Paddy Power, which paid for the right to not display its logo on football shirts. The campaign concept involved ‘spoof’ shirts which are simulations of the ‘real’ items. A four-step process through which the simulacra develop is outlined in the article. The campaign parodies UK government policy on gambling-related sponsorship, which has been criticised for its failure to regulate what is a globalised market. The 2023 White Paper ‘High Stakes: Gambling Reform for the Digital Age’ is notably similar to the parodic position taken in ‘Unsponsoring Football’. Removing some elements of sponsorship while retaining a wider relationship with the gambling industry means that the gamblification of the sport remains in place.