This article will provide information on top 8 ways on how to win more in football betting in Nigeria and also provide answers to questions regarding football betting in Nigeria.
Football originated in the country in a similar manner to how the game started in many countries. Nigeria was one of the colonies of Great Britain. Expats and soldiers brought the game football sometime in the 20th century as a recreational activity. The first official match of football was held in 1904. football betting and soccer betting are used interchangeably. Football betting, as used in this article, means staking economic and non-economic resources on the results of football matches. Football is the most used concept in Nigeria and we have decided to adopt this concept, since this is what the betters and others use in the context. Football betting is a common aspect of gambling in societies. People gamble for different purposes. These include ego, recreation and relaxation, resource accumulation, therapeutic purposes, such as showing adherence to group norms to avoid sanction, or demonstrating addiction. Gambling is a big business globally to the extent that it is now taxable and regulated as a legitimate business. For instance, even though it may be difficult to accurately estimate the total value of global sports betting, due to the inconsistency in the regulatory and financing environments, responsible surveys estimate the value of sports betting industry at around 700 billion U.S. dollars and 1.000 billion U.S. dollars, while in fact the illegal betting only might be as a high as 500 billion U.S. dollars. Some bookmakers even believe that sports betting is now worth over one trillion U.S. dollars. It is worth noting that any figure on the process of betting is only an indicative of the official gambling. Most gambling activities are undocumented and operate on the informal levels among friends, colleagues, spouses, relatives, and even enemies, and can be as much as billions of U.S. dollars globally. Generally, online gambling is a fast growing business with an estimated annual growth rate of 12%, and this is driven by globalization and technology. Online betting and football betting particularly are best seen as an ancillary of westernization and globalization. Football has become not only a recreational engagement, but also a social and economic activity with a strong appeal across classes, genders, races, sexuality and other social categorization, especially in Africa and beyond with continuously huge potential for growth. While professional literature has shown that football is entertaining, the role of technology in the forceful imposing of the game at people can never be underestimated. Satellite and digitization of television is the major driving force that has made football available to the people even in the remotest parts of the world, thus making the fan base wider. Apart from spreading the reach of football betting, technology has also widened the competitive capitalist market space and platforms of football betting, to mention, for instance, online betting platforms, telephone betting, lotto-like betting platforms, and so on. Generally, against all the football betting platforms online and offline, the odds offered by bookmakers are based on probability assessments or forecasts of matches which attract a wide support of the fan base. Regardless of the degree of the loyalty of fans, the denominator is the strong followership of football which has led to capitalistic business creations. It is, however, important to note that football betting, as a form of economic exchanges, while serving positive capitalistic purposes (such as, for example, creation of employment and wealth) for the upper class, has negative outcomes on betters and societies. For instance, many commit suicide after losing their very high stakes; many ruin their marriages and important social capital.
Nairabet is the first, oldest, betting firm in Nigeria
The company was incorporated in Nigeria as a limited liability company on 21st December 2010, with the incorporation number of the company being RC 927663, licensed and regulated in Nigeria by the Lagos State Lotteries Board (LSLB) and the Nigeria Lottery Regulatory Commission (NLRC).
The earliest records of sports wagering go back more than 2,000 years. The Greeks loved sports, and this led them to start the Olympics. They introduced it to the world and along with the competition came the first records of betting. From the Greeks, it spread to the Romans who enjoyed wagering on the gladiator games.
Bet9ja was invented by Kunle Soname, who happens to be the Chairman and Ayo Ojuroye who is the CEO.
Although there are several sports betting available, football sports bet has the highest odd in Nigeria.
- Follow expert football predictions
- Profit with matched betting
- Keep a betting record
- Change bookmakers
- Stay impartial
- Know football inside out
- Know your markets
- Take the small wins
- Draw No Bet allows you to speculate on a given team winning the match while insulating yourself from a draw
- For some matches, especially those featuring two aggressive teams, a likely outcome is that both teams will score
- Another easy football bet is Double Chance, which allows you to bet on two of three possible outcomes for the match
- A variation on the Over/Under bet is First (or Second) Half Over/Under. As the name suggests, this bet involves speculating on the number of goals that will be scored in the first or second half of the match
- One of the easiest football bets is Over/Under. This bet allows you to speculate on whether a given match will have more (Over) or less (Under) than a certain number of goals
- Follow a Tipster
- Consider Arbitrage Opportunities
- Take the Small Profits
- Understand All Betting Markets
- Track Your Bets
- Never Bet With Your Gut
- Keeping a betting record