According to a 2019 report, the Nigerian sport betting industry generates over 700billion naira yearly, with the likes of bet9ja lagos making a whooping $10m monthly...

Anyone with a more recent and accurate estimation/suggestion as to what these sport betting companies in the leagues of betking, nairabet, bet9ja, e.t.c, makes monthly should do well to share.


Some source claims an average Nigerian between the age of 18 and 40 spends roughly 2k daily to bet. How true is this?

I believe this, almost everybody in my office play this.

Sport betting has become a side hustle to many Nigerians.Salary alone cannot take care of most civil servants.

Meanwhile,this same betting has turn most of them to debtors.They take loans from loan sharks to stake bet and lost everything.
Today Empoli defeated inter-milan who was playing at home.Do you know how many tickets has cast?
Virtual gamblers are the worst hit.

Pickmycall:
Sport betting has become a side hustle to many Nigerians.Salary alone cannot take care of most civil servants.

Meanwhile,this same betting has turn most of them to debtors.They take loans from loan sharks to stake bet and lost everything.
Today Empoli defeated inter-milan who was playing at home.Do you know how many tickets has cast?
Virtual gamblers are the worst hit.

Thank you. What baffles me most is how people keep thinking they'll one day win big even after pilling up series of losses and debts. They keep playing and loosing and even when they win, it's always peanuts, and yet they wouldn't stop playing, Shows how greedy some of us are.


Trying to turn a #100 into 1m in minutes to me is pure greed, also, staking 500k that could start you a small business on 1.5 odd to quickly gain an extra 250k is greed emboldened by stupidity. Over 90% Of the time, these people will end up loosing thier hard earned money, and then will come up with some silly story of how they almost won bla bla bla. What madness!
I think it's more like an addiction though.