Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing and illegal, underground dog fighting.
Sports betting is known as the oldest form of gambling on the planet. In the early days, it was played only as a simple pastime activity but now, it’s a multi-billion dollar business.
Nigerians have taken to sport betting and the rate at which new sports betting companies are emerging is alarming as well as it is welcoming. Every match day, whether it involves a major or minor club, young people — working class, undergraduates, secondary school students, traders — take to online betting websites (depending on their knowledge of the internet) or queue at bet houses. Use the bet9ja promotion code to stake your bets.
to stake their claim and make predictions for games. It ranges from football, to horse-racing and go-karting, dog-racing to mountain-racing and everything in-between, a bet is made. There’s what is known as Parley where a better picks more than one game and predicts the winners. The higher the games picked the higher the payoff as long as all the outcomes are spot on. Then there’s preposition, where a patron could bet that a side will score up to a specific number of goals, or that both sides will score certain number of goals, or that the home or away team will win, lose or draw. One could also bet a direct winning for the home or away team, half time draw, or full-time draw. Or one could bet on more goals in the first half than the second half and vice versa, or on first or second half draw, full time draw however your fantasy and pocket direct. After placing their bets, they all wait impatiently for the sport to end while checking their tickets and checking the betting sites to find out how much they have made. Many are unbelievably lucky, winning millions of Naira, many others do not win as much, while millions of others lose their bets. However, this does not deter them from playing again as they are very much aware of the risk involved.
While some are involved in sports betting for the money, others are involved for the passion they feel when watching football games especially those of their teams.
The rule is simply to stake a game, win or lose a game and play next next time. It keeps revolving.