A Review on Sports Betting seen as an Easy Source of Income and Quick Money (Using Nigeria as a Case Study)

in #palnet5 years ago

If you are a Nigerian, then i'm sure you would agree with me that sport betting is a very popular thing here in the part of the world. This ranges from betting on live football, to betting on virtuals such as running dogs and also spinning the wheel. I don't know how it is in other countries, but would sure like to know in the comment section how popular sport betting is in other part of the world as well.

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A recent report brought it to my notice that a recent research data proved to us that a staggering amount of 730 Billion Naira (which is equivalent to $2,009,640,606.12) is spent annually on sports betting by Nigerians with a generated amount of two billion nairas (which is equivalent to $5,505,860.406) daily.

According to the research data, It was also brought into limelight that over 60 million Nigerian punters spend over N3,000 (which is equivalent to $8.3 in US Dollars) on a daily basis in placing bet stakes. The number of betting sites in Nigeria keeps growing every year with the number currently counting 50 betting sites across the country.

As a Nigerian, most of us including myself see sports betting as an easy source of income and as a result, we placed bets to generate quick money and also turn our passion for football and other sports into a monetary advantage.

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Hello there. Thank you for using the realityhubs hashtags. However, this is not a review. It is more of a description. Please try to be more detailed and informative next time by expressing your personal opinion about this. You have used Nigeria as a case study, we expect you to tell your audience if those numbers in $$$ number affect the country's economy and the people doing it including you either positively or negatively. Why do you think that it became so popular in Nigeria and express the good, bad and ugly part of the situation in your own unique way? With all this said, we can then consider your content a review. I look forward to seeing some improvement on your next post via RealityHubs.

Cheers!

Thank you very much for this long reply. I just make another review and I will be glad if you can check it out to see how much improvement am making.

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