₦airaland Forum

misterchris:
wow. Strange thoughts. Was just advertising.

haywire1:
What's wrong wit ur whatsapp number? Inbox me ur new whatsapp number

#

Seun:
Dear Nairalanders,

Dear Nairalanders,

When we first started accepting ads directly on Nairaland, we noticed that sports betting and forex trading platforms were our best advertisers. At a point, they bought more than 50% of our ad slots. But when we realised that the money for those ads ultimately came from the pockets of Nairalanders who lost their money while trying to make easy money on these platforms, we had to stop accepting them.

Unfortunately, the promotion of these gambling schemes on Nairaland didn't stop just because we stopped accepting their ads. There are literally thousands of threads in the business, investment, and sports sections that promote these gambling schemes. Lots of people who would otherwise not have gambled have stumbled upon these threads and have been lured into parting with their hard-earned money.

We have extended rule 16 which previously banned only the promotion of MLM and HYIP schemes so that it now reads:
Rule 16: Don't promote MLM, HYIP, retail FOREX, sports betting, binary options, or other questionable schemes on Nairaland.

We apologize for any inconvenience this might cause and urge all Nairaland members to focus on real businesses that solve real problems.

https://www.nairaland.com/3083719/banning-forex-trading-sports-betting

jephito:
I've been following this thread for quite sometimes and I can't but openly register my pleasure and respect to these people in no particular order for their immense contributions to this thread...I am referring to generous people like
Calebsky
Abmbola
Olutola88
Haywire1
Pressidoo
Sucobaba
Mr low odd

akinalabi:
My brother. There is nothing to address. It is his opinion and if we go around addressing every single individual's opinion, we won't do anything with our lives.

Sports betting is for recreation. It's for entertainment. We have said that over and over again.

Mr A goes to the cinema to watch a movie for N1,000

Mr B goes to a beer parlour to drink beer for N1,000

Mr C goes to a NairaBET shop to bet with N1,000

Nobody comes back home with money. Infact, the sports betting guy can even come back with money.

Where is the fraud?

To most people that don't know how this works, let me explain.

100 people go to a betting shop and bet with N1,000 each. That is 100k.

98 of them lose their bets. One wins 50k. The other wins 45k. Out of the 5k remaining, the company pays a percentage to government as good causes and also company tax.

They pay salaries and they pay agents. They get to keep a cut as well.

It's crystal clear.

akinalabi:
Seun stopped accepting sports betting adverts a long time ago and Nairaland is still going strong. Nairaland will not die after banning sports betting in its entirety neither will sports betting die.

Sports betting has been in existence in climes like the UK for a century and that will happen in Nigeria as well. It has contributed a lot to Nigeria's economy and the Lagos state government for instance does not joke with the industry.

Sports betting and lottery contributed a lot to the police cars and other security equipments you see in Lagos state. Don't let us even talk about job creation directly and indirectly.

For players that lose, it is an expense on entertainment. Just like going to the cinema. You can win, you can lose. No biggies.

But you just have to love Seun. He is a pricipled dude and he knows what he wants for his forum. We have to respect that.

When he stopped accepting sports betting ads, we simply continued with advertising on Google, Facebook, Twitter, Linda Ikeji, Goal.com, ESPNfc and so on.

Seun is happy. We are happy. Punters are happy. Government is happy. Workers are happy. Agents are happy.

akinalabi:
Hehe.

My brother, Seun owns Nairaland and he has the right over the site. No one can question him.

On my different sites, I've banned, suspended, censored different people and things. It is my right.

It is Seun's right. We have to respect that.

If anyone dey vex, make e go build hin own.

donem:
sire I sight u, many greetings, its been long how's life?

Manuella4ace:
you can also use www.stakersforum.com
create your thread and post your daily games.
light and easy to operate.

give it a trial.

xtremer:
THE GUY DEY HIGH ON ALOMO

Calebsky:
04.05.16

19:45 Real Madrid - Manchester City Over 8.5 corners @ 1.30....Another chance of a 30% ROI......Stake Responsibly!

JerryQ:
Let me first try to clarify something. Forex trading and Sports betting are two opposites. We don't bet in FOREX we trade intelligently. I have been trading FOREX for 8 years now and its one of the best things that has happened to me. Though i made a mistake at the start by trading on borrowed money. It took me the next 2 years to trade out that money and paid back the debt. The problem we had from FOREX trade in Nigeria then was we were armatures in a professional biz.I had to start all over when i saw my real state to learn from those that were trading profitably. This took years of learning. Finding the right person to teach you is not easy. i now have friends world wide that have helped me in my profitability. So please never think FOREX as betting or gambling. for the record i don't do sport betting, never and will never God helping me because i hate gambling. A picture says a thousand words. ( please don't write to me here asking me to teach you, i wont see it most likely cos i might be studying something profitable in a FOREX forum)

profdotcom:
This pple dey serious oooh....
They don comot my sure Banker of the day

Bayern Munich vs Atiletico Madrid
Over 9.5 conner @ 1.55
Stake ur house rent, school fees and nairaland website

Calebsky:
Went for Over 8.5 corners @ 1.30. If it comes through after 2 hrs and greenified that should be 30% ROI. I don't know what financial Institution the world over that will give such ROI in 2 hours. Fingers crossed.

Goodluck on your selection.

Just on the sidelines reading people's opinions.

Calebsky:
43' in first half 7 corners in total.....there is hope

kroosx:
i hv invited more dan about 20 serious business men on this forum through the sport betting platform...who now subscribe on advertising deir product here on NL.... ds single action of urs will mk u loose investors nd members..... if u rilly want to ask us out bcz of ur hate nd unnecesarily hollier dan dou advusers just ask us to leave.... our betting thread was a very productive one.... we hv brought important personalities like akin alabi nd merrybet him sef into dis forum.... merrybet even hosted our punt for pride competition nd gv out millions or naira to winners.... which of ur usekess romance nd sexuality thread hv bin dis productive...... seun do whats right..... we knw even if we leave it wont affect the population of nairaland..... but plz dont drag ur name through the mod...... sorry for my write uo...im an impatient writer



fellow punters.... abeg drop ur tips here jor....na our new thread be dis.... we re on front page utilise it well

Calebsky:
Went for Over 8.5 corners @ 1.30. If it comes through after 2 hrs and greenified that should be 30% ROI. I don't know what financial Institution the world over that will give such ROI in 2 hours. Fingers crossed.

Goodluck on your selection.

Just on the sidelines reading people's opinions.

Cobblerjingo:
This is a very bad decision which I hope is rescinded!
Nobody with a good job will take betting serious...
It is all due to the unemployment ish in the country.

profdotcom:
This pple dey serious oooh....
They don comot my sure Banker of the day

Bayern Munich vs Atiletico Madrid
Over 9.5 conner @ 1.55
Stake ur house rent, school fees and nairaland website

SCOOPERJEF:
U guys should take strole to the fp seun is planning to ban sport betting and forex. . .may be that's y calebsky thread was removed. . .

Gmajor:
sport betting will soon be banned in Nairaland...