OasisX:




.....nothing ruined, other veil still dey intact.

Itsrm:
I went through the last 25 or so stakes that mrbanks posted on his telegram group on stake.com. He won only one which was 2 odds.

There's no way on earth that guys bets those things he posts and stays in profit. Contrary to popular belief here, one win will not wipe the losses he would have accumulated.

I don't think he has quite told us how he actually makes money. It's certainly not from the betslips he posts.

Roland17:


Which is different from what is obtainable here and something that can be mirrored in Nigeria. Betting companies set limits on how much you can wager on a prop and that invariably affects to a reasonable extent, how much you can cash out. How and why is anyone allowed to wager millions in Nigeria?

BlueRayDick:
Iamoyindamola that Nigerian army wanted list go far o . They included the king's name in the wanted list .

https://www.instagram.com/reel/C5EUnQoAFuk/?igsh=MWUweGZkNjZpYWh3aQ==

Roland17:


Which is different from what is obtainable here and something that can be mirrored in Nigeria. Betting companies set limits on how much you can wager on a prop and that invariably affects to a reasonable extent, how much you can cash out. How and why is anyone allowed to wager millions in Nigeria?

Theflint1:
Bokku bread is rubbish, it barely stays longer than a day, and it feels too sugary in the mouth. Their prices on general commodities are crazy though, like I wonder how they manage to sell their stuffs as cheaply as they do...their prices are on the average at least 10% cheaper than their closest competing price.

Itsrm:
I went through the last 25 or so stakes that mrbanks posted on his telegram group on stake.com. He won only one which was 2 odds.

There's no way on earth that guys bets those things he posts and stays in profit. Contrary to popular belief here, one win will not wipe the losses he would have accumulated.

I don't think he has quite told us how he actually makes money. It's certainly not from the betslips he posts.

User09:


Which is why in thinking they are smart but in the long run they are also losing. Typical of the Nigerian cutting corners environment

In your example, The amount of time they take to sell at such exorbitant profits could still be equalized if they were selling in bits at the expected premiums

Plus they would not be losing the goodwill they currently are.

iamoyindamola:

Bout time
He was the main suspect because the gibberish he was uttering no add up

Wait does that mean oba japa leave him people

User09:


Like I said, Information asymmetry really is the problem.

People really need to take matters into their own hands and force the retailers hand.

Maybe walk/drive into the pure water factory and buy a number of bags yourself. Start doing most grocery shopping at recognized malls.

Isnt it the same Nigeria where people queue at NNPC just for as little as a difference of N5 per liter?. The retailers cant be stupid enough to not adjust the moment they start feeling the impact in terms of patronage

iamoyindamola:

The bread of the town is what you called rubbish
If them catch you lasan, your case go worse pass Baba erisco and chioma own 😂😂😂
honestly I haven't tasted the bread to give a review but it's becoming very popular in this hard time

Theflint1:

People dey rush the bread sha, maybe influencing money don dey enter street cause I neva see wetin dey that bread, e dey tey die for fridge

swiz123:


Nigeria is very underdeveloped. While organized retailing controls the major roads, these small scale retailers rule in the hoods.

So they are not losing much because majority of them sell at the same price and customers have little choice than to patronise them.

iamoyindamola:

I will get it soon to see
We have quality bakeries here that's why I didn't bother hustling for it
But I am now curious to know why people are rushing it

BlueRayDick:


According to the man in the later part of the video, he's just a king on paper. He hasn't even set up his traditional council yet, it appears his own people are even fighting against his kingship .

So I don't think he's in the kingdom as at the time of the incident .

iamoyindamola:
Blueraydick do you still use those accounts which of them have EPL plan?
If not I will just sub over the weekend

BlueRayDick:


This is exactly why it doesn't make sense to me seeing people joining long queue just to buy the bread. I have many good bakeries who sell different kind of bread that I can buy with ease. I just no understand why people dey queue for booku at all;maybe it's the hype sha or societal pressure

BlueRayDick:


The one I'm using the EPL plan don finish

reccy:


Auzubillahi!!!!

I'm fasting sheikh!!! I'm fasting!!!!!!!!!!

KingTom:

Baddoo Sheikh

iamoyindamola:
Holy land they Saudi
Islam was originated in Saudi
Where these useless terrorist countries get their own from sef
If na lestine or kistan countries they are torture this lady, rape and still stone her to death
Then they will behead and mutilate her body

BlueRayDick:


U sure say na Saudi this lady dey stay and not western country ?

User09:


Think its the same thing if you think about it.

You arent going to bet an amount greater than the cashout, So whats the point.

But you can deposit more and have different bets running at the same time

Theflint1:
So a billionaire shouldn't be permitted to bet millions, but someone that has never seen 500K sitting in their account should be allowed to bet their last 10K?

I'm sure if Nigeria is ready to regulate the betting industry they'd do so, there's tons of countries out there with betting industries, they can easily copy and tweak their regulation standards, they should just do it right and not move like an Islamic republic would...there needs be regulation, but it has to be done right.

Roland17:


Actually, there are limits (amount varies) and the betting industry is heavily monitored/ regulated by the government. Outside of daily limits, Betting companies report unusual bets/ props and investigations are swift. Infact, there is a case being investigated currently that involves an NBA player. Also, sports betting is illegal in some States like Texas, California, Alaska and a few others.

https://www.cbssports.com/nba/news/jontay-porter-gambling-investigation-explained-what-we-know-as-nba-looks-into-prop-bet-irregularities/

BlueRayDick:


Na the people wan impoverish themselves jare . I don't think there's any rule in the western world that places a limit on how much an individual can stake ( correct me if I'm wrong ).

It's the people that should give themselves brain na

Roland17:


If a betting company sets $100 as the highest (limit) amount for a prop, I can not wager $101, even if I have it because it will be declined. Without the limit set at $100, I could wager $1000 on that prop and if I win, it increases my cash out. Simply put, everyone is held to the same limit, irrespective of your pocket. That is the way the companies regulate what you can wager.

BlueRayDick:


That's why I always smile knowingly when I see people post " Ekitipikin has won another 50m, his winnings cancel out his losses. ..:. "

Sports Betting is something I've played very well in the hey days of nairabet, 1960bet, surebet , merrybet and dem Bet Colony . Sports betting na just pure luck no matter how good a punter u may claim to be . U are always at the mercy of different factors that will decide the eventual outcome of the event u bet on(since u are not participating in the event urself physically)

U will win some and lose some but there are higher chances that u will lose more. People actually lose more than they win ; that's why betting companies are still in existence .

Anybody that wants to make a living out of betting will only end in penury . Some of those celebrity punters have gigs they do on the side that fetches them money which they stake with . That's why anybody who stakes and wins big is not advised to start looking for how to win another big money before the money runs out; instead he should set something up first for himself before any other thing

OasisX:




.....nothing ruined, other veil still dey intact.