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Nigeria Online SPorts Betting Growing
Tuesday April 16,2013 : ONLINE SPORTS BETTING GROWS IN NIGERIA
Football betting particularly popular
The accessibility of internet and mobile sports betting websites has fostered a rise in the popularity of sports betting, especially on international football matches, reports the Nigerian publication ThisDayLive.
The report notes that a growing number of Nigerian betting sites are appearing on the internet, with many of them having physical offices in cities across the country, exploiting a national fervour for English premier league football that has never been more powerful among Nigerians.
Social media and Twitter are widely used to draw traffic to the websites, which include names like Niarebet.com, goldenbetsng.com, mybet.com.ng, nigeriabet.com and nairastake.com, as well as big-name UK and European gambling groups.
Bets from internet cafes are also apparently taking place, with the operator of one Lagos-based outfit, Ambrose Obialor, telling ThisDayLive:
"Once English premier teams are playing, fans come in to place their bets. It is usually individuals that come in to bet, and the amounts depend on individual pockets,” he says.
Charles Agam, a spokesman for Nairabet.com, said that the operations of the betting firms are mostly run on online platforms, resulting in minimal paper work for all parties concerned, and markets for selling bets are open 24 hours of the day, seven days a week.
Dotun Ajekigbe, a sport betting analyst and premiership enthusiast, said that millions of dollars are being paid out each day to successful punters, who are now more numerous than ever before...but he cautions:
"In fact sport betting is probably one of the most risky ways to earn a living. Don’t let anyone tell you otherwise, especially a salesperson trying to sell you betting. Being such a risky business punters still pursue it because of one main reason: it is probably the most rewarding and fulfilling moneymaking venture anyone can get into, only if you can make it work, that is.
“Sport betting is gambling, not investing. When you take calculated risks, you base your decisions on sound research and evidence, not intuition. The better informed the player is, the better chance he/she has at making money."
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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