As a nation, Nigeria is betting up to 5bn Naira or just over 25 million USD per day, according to Ademola Adebajo, head of one of the largest football betting services providers operating in Nigeria — and this figure has been climbing year on year, at over double the spend of This is in contrast to the moderate economic growth of the country over the past few years and the slight decline in This is also not reflective of the growth of spending on gambling worldwide, which is growing at just 2.
This article will attempt to address some of the reasons surrounding the fierce growth of the gambling industry in Nigeria, and see just what it means.
Sports betting is becoming as much of a national sport as sports themselves. The practice is legal in all 36 states of the country, as well as in Abuja. Football is one of the most widely followed sports in the country, with fans lining up to watch games both for local games, in person, and on TV in the European leagues.
The following that is attracted to the sport is unprecedented, as it may be becoming even more popular. This is not uncommon.
In fact, European football is the most widely followed sport in the world. However, Nigeria, in particular, has one of the largest followings of European football clubs in the world. Fans are fierce about supporting their given team, even though that team may be many, many countries away.
Generally, in a culture where a sport becomes more popular and betting on said sport is legal, the betting industry revolving around the sport grows and thrives. This is certainly the case in Nigeria and other Sub-Saharan African countries.
It destroys ones relationship with family, friends and colleagues. Due to obsession with the game a person is isolated from the family members which can cause serious family crisis. Certainly, no mother will proudly introduce his son as a football betting maniac. They live just for betting. They live in the world of fantasy. Their hope is to one day win at least a million naira. Have you ever wondered that those football betting sites were created by human beings like you? Come to think of if, if Bill Gates was busy gambling away his life there will be no Microsoft.
Same can be said about successful entrepreneurs like Dangote, Dokpesi Raymond, Linda Ikeji and all the big names you know in the world. No doubt, Football betting can pay your bills for a time but it is never a reliable source of income or wealth.
It is no business that you can employ others to work for you. Go get a life. Go make a difference. Go do something tangible for Africa.
The world can not wait for your next invention. Why bury such great talent in a football betting center? What do you think? Has football betting in Nigeria done more harm than good? I wish some guyz gonna see this. Promise take Five joor. I was introduced to football betting last 2 years,I won 20, naira last year august,anoder week I won 7,,4,,I was so happy,am working as an store keeper at one company but d pay is not bouyant, I hv saved some money for my admission processing.
I was so sad. I regret d day I knw gambling. We offer betting on the most popular soccer leagues like the English Premier League, Champions League, Spanish La Liga, Italian Serie A and German Bundesliga, while you can also win from tips and predictions on numerous other leagues from around the world.
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