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Pastor Moses Ezera of the Redeemed Peoples Mission, Rayfield branch, Jos, has condemned sports betting being patronised by some youths.
The global gambling market continues to increase with every passing year and the African continent is once place which is witnessing significant gambling growth. High up on the list of the fastest-growing gambling markets in Africa is Nigeria.
Alexa’s December 18, 2019 ranking revealed the popularity of betting websites in Nigeria with bet9ja.com, in 3rd position, leading other betting and odds-related sites in the list of top 50 sites.
With many betting companies populating the African market and regulatory authorities not being as watertight as they should be, it is easy for players to fall into the hands of untrustworthy bookmakers.
Gone are the days of Baba Ijebu and the red typewriter-looking thingamabobs, Nigerians have replaced heated arguments in viewing centres and learned to put their money where their mouth is.
Betting is now prevalent in our society, with many people seeing it as an option out of their current financial difficulties. Human beings are naturally inclined to processes that bring in a lot of money with little or no effort.
The Nigerian National Lottery Regulatory Commission has prohibited the operation, promotion and sale of tickets of all unapproved foreign lottery games after multiple instances of operators failing to pay players’ winnings.
Sports betting is said to be as old as sports themselves. The relationship between the two, in turn, wasn’t always perfect: there are many recorded cases (and certainly many more unrecorded ones) when the interests of those placing bets influenced the outcome of a sporting event or a match.
Sports betting and gambling has been a growing culture across different parts of the globe. In Nigeria, betting and gambling has been a growing trend for the past years.