Lottery and sports betting industry has been described as a huge money spinning industry that records an average of N30billion transaction every month and can record far more transaction when fully harnessed. The disclosure was made by the Chief Executive Officer (CEO) of Lagos State Lottery Board, Lanre Gbajabiamila, who added that besides being a well regulated sector in the state, the industry has the potentials to generate hundreds of thousands of employment. Gbajabiamila spoke at a Sales Agents Reward ceremony organized by Golden Chance Lottery to reward its Sub-Agents. He explained that if optimally explored the industry was capable of creating hundreds of thousands of employment opportunities adding that the major challenge to achieving that was the wrong perception about the practice as being the same as gambling. He was represented at the event by Olawale Adalemo.
SOURCE: www.allafrica.com/stories/201508030071.html

I still do not, and may never understand why in the heavens someone will go gambling with his hard earned money.
the chances are so slim!!

there is a psychology of betting, and people hardly ever recover.

I totally believe it. A lot of people spend so so much on gambling and it gets very addictive.