1960bet Naija

For Sadiq Abdullahi, the operator of a sports betting shop at Utako, Abuja, sports betting is about upholding the sacredness of the contract between punters and the operators of the betting sites - paying the punter as promptly as she or he wins his / her wager on the basis of the ‘unbreakable’ assurance ensconced in the predict-and-stake contract. Bet 9ja Odds right, get paid Abdullahi would claim. blogspot.co.ukFor Shina Phillips, a punter at Garki Area 10, Abuja, sports betting is much more about ‘conning’ the majority of the punters to ‘fleece’ them of their hard-earned cash with the instrument of the enticing promises of a manifold wages for passion, as the bet9ja motto would say, ingrained in a ‘deceit-based’ contract. So is the case in Abuja, as it may well be the case everywhere, Phillips preserves. Either way, the online sweepstake called sports betting is all about money - the punter dreams of winning millions of Naira, for instance, a maximum of 50 million Naira dangled by bet9ja, the acclaimed market leader, by staking just one, or a few, hundred Naira notes; the operator of the betting website, running as a legal business enterprise, rakes into his bank account hundreds of millions of Naira seemingly in the stakes set on the faulty predictions of most of the punters at certain time. "The victor used our on-line platform by staking only N500.00. I’m happy to tell you that the victor has been issued with his cheque. We are going to continue to strive to serve our customers to the best of our skills. We'll consistently operate in line with agreed conditions and within the ambit of the regulatory agency." Affirmed that " Our business is anchored on trust, so we'll continue to serve our customers bigger and better." An amazing percentage of these youth seemingly rely on the sports betting sweepstake as a ‘veritable source’ of a huge ball of the cash they may have pursued from wherever they hail to Abuja or, at least, as a ‘veritable source’ of the pittance they want for simple sustenance. As was the pools wagering of old, which it replaces for bulk of Abuja punters, however, sports betting is all about habit. "All games of chance are about habit; the more you play them, the more you get addicted; and you play with them out of compulsiveness minding not whether you'll win or lose, when you're addicted. If you win, you are happy; if you lose, you are depressed, but sadness for loss will not limit you from playing tomorrow," Mustapha Mohammed, a punter at Saharabet, maintains, monitoring, "I believe this pitiful situation of the player establishes the solid foundation on which the wagering business thrives." Because it is a government- legalized business enterprise, it's also about money for the authorities in the form of the percent of the sets made by the operators to be remitted based on the provisions of the National Lottery Regulatory Act. As at reporting time, the National Lottery Regulatory Commission established by the said Act of the National Assembly was still compiling a comprehensive list and relevant records of the operators in the FCT "and so we cannot tell you comprehensively who and who are running here, how many of them are operating here, and the total amount of stores in which they operate," Magnus Ekechukwu, Head Media and Public Affairs of the commission, said. "We happen to be mapping (compiling records of) the agents and subagents of the operators since April 2015, and we are still encouraging them to come forth and register their presence with the commission as required by the Act to enable us regulate and monitor their operations consequently," Mr. Ekechukwu said further, warning, "we are on the verge of compelling them to do so, because the deadline has expired since February 16, 2016." Mr. Adolphus Joe Ekpe, the Director-General of the Commission, stressed: "we're giving all operators up to the next June to come for the necessary mapping with us and many of them are responding. From July any sports betting operator that has not presented himself for mapping will be on his own, because that will function as the time when we will begin full enforcement of management based on the Act. We have reached an understanding with the EFCC that beginning with that time any operator not enrolled with us will be accused of running an illegal company that was financial, ripping off the citizens of their money, and he will be picked by the EFCC up. We need to have a comprehensive record of them to enable us perform our regulatory and monitoring functions and completely enforce compliance with the Act.  The present situation, allowing majority of the players, underscores the chance of grave default with regard to the legally-required remittance to the Trust Fund and the fleecing of punters on the part of the operators in terms of the percent of collections required by the Act to be paid to them. The Act stipulates that the operators of the online game of chance pay 50 percent of the groups to the players called punters, remit 20 percent to the Lottery Trust Fund meant for funding such development projects as may be directed by the President of the Federal Republic, while withholding the balance of 30 percent as their gain. This Act provides for the establishment of the National Lottery Regulatory Commission charged with responsibility for the regulation of the business of the establishment of a National Lottery Trust Fund in addition to national lottery in Nigeria and the operation of the national lottery. It, therefore, empowers the commission to properly regulate the operations of lottery companies, which protects the interest of players, stockholders and the average man or woman, and include sports betting company. With the name of the game being Cash, sports betting stores have quickly proliferated, most noticeably within the last year or two, across the nooks and crannies of the Federal Capital Territory and its satellite towns, with the fire of the desperate money-monger outside to crop as huge amount of money as he could from the giant ‘cash-yielding’ tree called Abuja, said to come next to the state’s commercial capital, Lagos, with regards to the gains and other fortunes achievable with such enterprises. The cash is sourced from the ever- strengthening passion for soccer rooted in the thoughts of the millions of the youthful soccer fans flooding the FCT and its satellite towns who swarm the foreign leagues to be watched by TV viewing centres after staking and calling. yohaig.ngSports betting firm, Bet9ja, in line with its set doctrine of rewarding people’s passion, has again paid out an enormous bonus win of N36,702, 316.98 to another winner Nwakama Uzoma. According to the CEO of KC Gaming Network, Ayo Ojuroye, " In line with our guarantee of always rewarding our customers’ passion, we just paid a huge winnings of N36,702,316.98 to one of our winners Nwakama Uzoma with Gamble slip Number: B941AQPSTTZQE-21949. Abuja players should be glad for the operators Sadiq Abdullahi said,: "The come, gamble, if they win they are instantly given their cash by us and see the football matches. Betting means, the punter comes, tells us the teams she or he needs to gamble. He does the gambling himself or he asks us to do it for him. At the conclusion of the games you see your result. We give you your ticket." if you win by the result validating your wager about who wins between your selection teams He said sports betting business prospers in Abuja because, "the individuals’s love for football has leaped so high now, partly because a sizeable populace of the youth has little to inhabit them, and instead of only watching matches without getting anything, they resort to gambling. I trust you'll not be surprised to learn that even girls come here to Naija Bet Sites. I must admit the company is moving," Abdullahi said, describing, "you can wager N100 and win N3 million. The maximum we pay in bet9ja is N50 million. With a Naija Bet Sites of N100 you can win up N49 million. With anything above N100 N50 million." can be won by you He said the punters playing to hundreds on day-to-day basis in his store run.  For David Jones, the chance for winning and getting paid that much in the game isn't as certain as Abdullahi painted it: "A punter yesterday in my presence wager seven times at N150 each wager before he could win N20, 000.00, and that's an especial chance. You can be playing for quite a while without winning anything. Lots of people play simply as they're used to it, but they do’t win anything." Mohammed Aminu shared views with Jones: " I started betting two months past. I play just for the interested of it, but I've never won a dime. I gamble between N100 and N500, but I've never won anything; you can see why I said I play because of interest." Sports betting as damaging to the market of both the state and the individual player were ignored by Shina Phillips.  "It isn't developing the market of anybody or any nation. It develops the market of only the operators," he said, admitting, "I started this past year, and I 've been winning meager amounts but my maximum triumph so far is N7000. I stake between N200 and N500. "I do’t encourage the youth to get addicted to it, because it's a waste of money. I play as much as five times daily before winning anything at the end of the day with the stakes I simply told. Huge people of the youth gather morning to evening at the betting shops, but bulk do’t win anything tangible, in fact they do’t win anything," Phillip said, maintaining, "From the misfortunes of the bulk, the operators make their hundreds of millions. "So I would advise the youth to remove from gambling and rely on something else insecure ," he said. Noel Orerumba is the operator of a SureBet store.    yohaig.ng" I see sports betting as a panacea to social ills. It reduces the rate of perpetrating crimes among the youth, who constitute bulk of the criminals in the society. Instead of absorbing their heads on carrying out unlawful activities, they come here every day, play; some win, some lose; we pay people who win their cash, which they use to cancel their invoices. It's possible for you to see they get cash without carrying out any unlawful activity like robbery or militancy. Someone would wager, say, at the end wins and N300, say, N5000. It is, in addition, a very reliable source of employment; a store operator like me can use a few others among then teaming unemployed on the streets of Abuja to help the company runs," he said. Nonetheless, merely extensive records of the population and operations of these sweepstake sites, agents, subagents and shop operators would ease their appropriate regulation and monitoring based on what the law states, for the benefit of the stakeholders - the operators of the company, the players, the stockholders and government represented by the National Lottery Trust Fund.  Speaking on his win, Nwakama said my life has changed once and for all. I did’t believe I could win much at once and be paid immediately. Bet9ja actually surprised me and I 'll always tell people about their ethics."