₦airaland Forum

Hello Nairalanders, I have been thinking where to make some investment that will return some good cash this year. So between Multichoice Agent or Opening of a Betting Shop, which do you think is more profitable and what is the cost implication of any

KingsJohnson:
Hello Nairalanders, I have been thinking where to make some investment that will return some good cash this year. So between Multichoice Agent or Opening of a Betting Shop, which do you think is more profitable and what is the cost implication of any

Multi-choice is better and standard.
May God help you

I will advice you to open bet9ja shop

lathrowinger:
Multi-choice is better and standard.
May God help you

Thank you bossman

Omihanifa:
I will advice you to open bet9ja shop

Do you mind sharing why you said so

sport bet shop is far more profitable, am an agent of a sport betting company and I know that opening a sport bet shop is more lucrative.
the only downside is that you need enough capital to start off.

ikeno:
sport bet shop is far more profitable, am an agent of a sport betting company and I know that opening a sport bet shop is more lucrative.
the only downside is that you need enough capital to start off.

I really appreciate, thank you

Hello

I would recommend a sport betting company but location really matters. I wish you best of luck in your entrepreneurial journey

rottable:
I would recommend a sport betting company but location really matters. I wish you best of luck in your entrepreneurial journey

Thank you boss man

KingsJohnson:
Hello Nairalanders, I have been thinking where to make some investment that will return some good cash this year. So between Multichoice Agent or Opening of a Betting Shop, which do you think is more profitable and what is the cost implication of any

don't open any bet shop, I'm also an agent, your best bet is a VERY GOOD location, and u can't find a good location now anywhere especially in Lagos. All locations have been taken! Best location are market, bustop and university environment.


Bet shop business will crash in next 3yrs and above, reason is that most stakers will be betting from home, as it is now, yahoo boys are the high stakers and they bet online, unlike before when we started the business, the bet company too are encouraging online stakers to agent, they gain more as they don't have to pay commission to online stakers.

bastien:
don't open any bet shop, I'm also an agent, your best bet is a VERY GOOD location, and u can't find a good location now anywhere especially in Lagos. All locations have been taken! Best location are market, bustop and university environment.


Bet shop business will crash in next 3yrs and above, reason is that most stakers will be betting from home, as it is now, yahoo boys are the high stakers and they bet online, unlike before when we started the business, the bet company too are encouraging online stakers to agent, they gain more as they don't have to pay commission to online stakers.

Thank you for this

KingsJohnson:
Thank you for this

you're welcome