Bet9ja.com customer goes home with N13m win
Is this luck or common what? A customer who placed a bet on a football match with N500 just landed himself a game windfall of N13m.
Bet9ja prides itself as " the number one bookmaker in Nigeria. Sports betting odds, Casino, racing and virtual sports games."
Bet9ja mobile Marketing the operator of the gambling website, running as a legal business enterprise, rakes into his bank account countless millions of Naira seemingly from the stakes set on the flawed forecasts of the majority of the punters at certain time.
Because it is a government- legalized business enterprise, it's also about money for the government in the form of the percent of the sets made by the operators to be remitted according to 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 thorough list and related 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 absolute variety of shops in which they manage," 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 empower 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 required mapping with us and many of them are responding. Because that will function as the time when we will begin full enforcement of management in accordance with the Act from July any sports betting operator that hasn't presented himself for mapping will be on his own.
"We have already reached an agreement with the EFCC that beginning with that time any operator not registered with us will be accused of running an illegal company that was financial, ripping the citizens in their cash off, and the EFCC will pick him up. We need to have a comprehensive record of them to empower us fully enforce compliance with the Act and perform monitoring functions and our regulatory.
The current situation, according bulk of the players, underscores the chance of serious default in terms of the legally-required remittance to the Trust Fund and the fleecing of punters on the part of the operators in terms of the percentage of groups required by the Act to be paid to them.
The Act stipulates that the operators of the online game of opportunity pay 50 percent in their 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 operation of the national lottery and the establishment of the National Lottery Regulatory Commission charged with responsibility for the management of the company of national lottery in Nigeria in addition to the establishment of a National Lottery Trust Fund.
It, therefore, empowers the commission to correctly control the operations of all lottery businesses, which comprise sports betting business, and protects the interest of players, stockholders and the general public.
With the name of the game being Money, sports betting stores have quickly proliferated, most noticeably within the last couple of years, across the nooks and crannies of the Federal Capital Territory and its satellite towns, with the fire of the distressed money-monger out to harvest as enormous sum of money as he could from the giant ‘cash-yielding’ tree called Abuja, said to come close to the state’s commercial capital, Lagos, in terms of the gains and other fortunes achievable with such enterprises.
The cash is sourced from the ever- strengthening fire for soccer rooted in the minds of the millions of the youthful football fans flooding the FCT and its satellite towns who swarm TV screening centres to watch the foreign leagues after staking and calling.
A considerable percent 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.
For majority of Abuja punters, nevertheless, sports betting is about dependency, as was the pools gaming of old, which it replaces.
"All games of chance are about dependency; the more you play them, the more you get addicted; and you play with them out of compulsiveness, like drinking alcohol, minding not whether you'll win or lose, if you are hooked. If you win, you are joyful; if you lose, you are depressed, but sadness for loss doesn't restrict you from playing tomorrow," Mustapha Mohammed, a punter at Saharabet, maintains, watching, "I think this pitiful situation of the player builds the solid basis which the wagering company prospers."
Abuja players should be glad for the operators Sadiq Abdullahi said: "The come, gamble, if they win we promptly give their cash to them and see the football matches. Betting means, the punter comes, tells us the teams she or he desires to wager.
He does the he requests us to do it for him or gaming himself. At the conclusion of the games you see your effect. We give you your ticket." if you win by the result about who wins between your choice teams validating your stake
He said sports betting business thrives in Abuja because, "the individuals’s love for football has jumped so high now, partially because a substantial populace of the youth has little to inhabit them, and instead of merely watching matches without getting anything, they resort to betting. I hope you WOn't be surprised to discover that even women come here to bet.
I must admit that the company is moving," Abdullahi said, describing, "you can gamble N100 and win N3 million. The maximum we pay in bet9ja is N50 million. With a stake of N100 you can win up N49 million. With anything above N100 you are able to win N50 million."
He said the punters playing in his store run to hundreds on daily basis.
For David Jones, the luck 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 is an especial luck. You can be playing for quite a long time without winning anything. Lots of people play simply since they are used to it, but they do’t win anything."
Mohammed Aminu shared viewpoints with Jones: " I started betting just two months ago. I play only for the interested of it, but I 've never won a dime. I wager between N500 and N100, but I've never won anything; it is possible to see why I said I play due to interest."
Shina Phillips blown off sports betting as detrimental to the economy of both the individual player and the country.
It just isn't developing the economy of any nation or anybody. It develops the economy of just the operators," ", he said, confessing last year I began, and I 've been winning meager amounts of money like N1000, N3000, N5000, but my maximum triumph so far is N7000. I stake between N500 and N200.
I do’t encourage the youth to get hooked on it, because it really is a waste of money. I play up to five times daily with the stakes I just told before winning anything at the end of the day. Enormous inhabitants of the youth assemble morning to evening at the betting shops, but bulk do’t win anything concrete, in fact they do’t win anything," Phillip said, preserving, "From the misfortunes of this majority, the operators make their hundreds of millions.
"So I might advise the youth to withdraw from gaming and rely on something else insecure he said. Noel Orerumba is the operator of a SureBet shop.
" I see sports betting to social ills as a panacea. It reduces the rate of perpetrating crimes among the youth, who constitute bulk of the criminals in the society. On carrying out actions that are unlawful as opposed to absorbing their thoughts, they come here every day, play; some win, some lose; people who win their money are paid by us, which they use to cancel their bills.
You can see that they get money without carrying out any unlawful activity like militancy or robbery. Someone would wager, say, at the end wins and N300, say, N5000.
"It is, in addition, a very reputable source of employment; a store operator like me can employ a few others among then teaming unemployed on the streets of Abuja to help him run the company," he said.
However, merely extensive records of the people and operations of these sweepstake websites, agents, subagents and store operators would facilitate their appropriate regulation and monitoring according to the law, for the advantage of the stakeholders - the operators of the company, the players, the stockholders and authorities represented by the National Lottery Trust Fund.
Sports betting company, Bet9ja, in line with its set doctrine of rewarding people’s love, has again paid out a huge bonus win of N36,702, 316.98 to another victor Nwakama Uzoma .
According to the CEO of KC Gaming Network, Ayo Ojuroye, " In line with our assurance of constantly rewarding our customers’ fire, we just paid a huge winnings of N36,702,316.98 to one of our winners Nwakama Uzoma with Gamble slip Number: B941AQPSTTZQE 21949.
"The winner used our on-line platform by staking just N500.00. I’m happy to advise you that the victor has been issued with his cheque. We will continue to strive to serve our customers to the best of our abilities. We shall always operate in line with established terms and within the ambit of the regulatory agency."
Affirmed that Our company is anchored on trust, so we will continue to serve our customers better and larger."
Talking on his win, Nwakama said "Bet9ja has altered my life once and for all. I did’t believe I could win and be paid instantly. Bet9ja really surprised me and I will always tell folks about their integrity."
KC Gaming Networks Limited is a business based in Nigeria and possesses the online gaming portal Bet9ja.com (sometimes additionally mybet9ja.com). They're fully licensed and regulated in Nigeria and hold the license to run in all states where sports betting is permitted. Where they may be licensed by the Lagos State Lotteries Board their biggest presence is in the state of Lagos.
Their technology center is based in Europe which ensures all customer transactions as well as security and reliability of these systems. Their customer service operations are based to make sure the customer service is always top-class quality. They hope to create the standard for retail, mobile and on-line gaming in Nigeria.
The minimum withdrawal limit is N5000 and the maximum is N9,999,999 and they are typically processed within 24. Deposits can be made through debit cards, bank Xpath or accumulate. Only Naira debit cards are accepted and these are Verve, Mastercard and eTranzact. The minimum deposit limitation is the maximum limit is NGN 1,000,000. and NGN 100 Bet9ja.com offers an unique bonus on multiple bets by adding a 170% extra bonus to all winning wager slips with a minimum of 5 selections.
The website offers a statistics page where the newest data can be viewed by players stand a better chance of winning and to be able to put better wagers. The results page enables player to see all the latest results and the page that is livescore allows players to view instant results from live games. There is also about ten different tutorials that users can see on the web site that explain the best way to use gaming marketplace arrows to put a stake and the best way to place bets, the way to register, how to make withdrawals, the way to deposit with Zenith Prompt Bank transfer.
Bet9ja.com offers a big list of sports available to bet on which include soccer, tennis, basketball, motor sports, horse racing, American football, baseball, handball, rugby, ice hockey, cycling, golf, Australian sports, badminton, beach volleyball, pesapallo and snooker. Additionally they offer live gambling where players can bet from all around the world as they're happening. Bet kinds include head to head, over/under, first team to score, victor, first team to score, winning margin, best goalscorer, odd/even, correct score, podium, goal difference and winning team.
The casino offers slots, scratch cards, table games, draws and numbers. Table games contain European Roulette, Classic Blackjack, Red Dog, Punto Banco and Mahjong. Scratch cards comprise Manga Beach, The Big Match, Mystery Mansion, Pirate Instant and Jewels of Anubis. In the draws and numbers section players can find games.
Bet9ja.com are searching for representatives and players who'd like to open a franchise. Players can register to become a partner and start a franchise online. Some of the benefits of opening a franchise are that all customer and hazard losses are paid by Bet9ja, set-up support for hardware is furnished and commission rates predicated on dollar volume.
The best way to finance your bet9ja account
There are 4 simple ways through which to fund your Bet9ja account. The minimum amount that can be deposited through each method is the maximum amount is N9,999,999. and N100
1. Debit or aTM Card:
By using your ATM or debit card you're able to fund your account,. Simply get the deposit portion of the Bet9ja website and click on the Cards link. Afterward, enter the sum you wish to finance, the mandatory details and continue to " Make Payment". Choose your payment choice and select send. It is that easy.
2. UBA Immediate Bank Transfer:
Accounts can be funded by transferring cash. Request the teller to deposit the money to KC Gaming Networks using the Bet9ja account number that is listed on their web site and Bank Accumulate. Supply your Bet9ja User ID that is provided on the top right hand corner of the website when a player is logged in. The payment will be then confirmed by the teller and the account that is Bet9ja will immediately be credited totally free. Constantly keep the receipt as proof of payment.
3.
Their Bet9ja account can be funded by those with accounts at GT Bank through GT Bank internet banking. Just log into the GT Bank official website and access your internet banking section. Once you select " Payments", an inventory of retailers will appear. Then enter the amount continue and you wish to finance and your unique User ID. The account will immediately be credited free of charge once payment continues to be made.
4. Zenith Bank Direct Transfers:
Visit any Zenith Bank in Nigeria in order to fund your Bet9ja account. Advise the teller that you wish to deposit cash to KC Betting Networks. Make sure that you've got your User ID that is unique at hand, which can be found on the top right hand corner of the Bet9ja website when an user is logged into their account. The teller may ask several security questions before processing the payment. The Bet9ja account will instantly be credited totally free, once the payment has been made and the customer should keep the bank receipt.
All you need to do to qualify is enter the exact promotion code Bet9ja requires.
While creating an account paste bet9ja promotion code: SPORTMAX
Get as much as a 100% bonus based on your first deposit. Code Bet9ja gives you the chance to to grow your bankroll, and they'll up the bonus sum according to the quantity of your deposit.
This review will provide you with all the background information you how to maximize your winnings using the promotion code SPORTMAX that is Bet9ja and need to find out on Bet9ja. It’s quick and simple to input your Bet9ja promotion code, which immediately qualifies you for a bonus of 100% up to ₦100,000.
Bet9ja is a Nigeria based on-line sports casino and betting web site. They have a safe and secure platform for on-line betting, optimized for the Nigerian market. The business is licensed to lawfully run in Nigeria, holding the Lagos State Lotteries Board license, the Sportsbook and Gaming Permit issued by the State of Osun, and hold licenses to operate in all States where sports betting is permitted in Nigeria. They offer odds on odds on important events in Europe and other areas of the world. In addition to the everyday value of sports betting at Bet9ja, you can even receive a bonus on multiple bets when you enter the Bet9ja promotion code: SPORTMAX. Read on to hear more about this particular promotion code Bet9ja will reward you for, and the best way to put it to work for you making money.
Not only does their website provide an excellent assortment of gambling markets, but in addition they make the deal sweeter. Code Bet9ja rewards their customers with a lucrative bonus. All new customers are entitled to receive this bonus. To receive this offer, all you must do is enter the SPORTMAX and you'll be automatically qualified to receive this lucrative deal.
To qualify because of this offer and receive a bonus up to 100% – make sure you use just the promotion code Bet9ja has approved. It’s so easy to get, simply continue with this review and you'll get all the important info. You will learn the best way to use your Bet9ja promotion code to get this bonus, in addition to get hints on other offers and gambling markets.
Input Your Promotion Code that is Bet9ja:
To be sure you use the promotion code and follow the right process Bet9ja requests, all you need to do is read these simple directions. The process is easy and fast, so you’ll be prepared to enjoy the benefits of your. Have your Bet9ja promotion code: SPORTMAX ready so it can be entered by you. You must be a resident of Nigeria to make withdrawals and to open an account.
Directions:
Visit the home page that is Bet9ja. Click the red Register link at the top right-hand side of the screen.
Make certain that SPORTMAX is entered into the Promotion Code field that is Bet9ja, and submit your form.
Submit the enrollment form as instructed.
With this promotion code Bet9ja gives exceptional benefits to you. Remember to use Bet9ja promotion code: SPORTMAX to receive your bonus.
The Bet9ja Promotion Code entitles one to the Match Bonus 100% Up To ₦100,000.
The way in which the Bet9ja promotion code bonus works is pretty simple.
When using this promotion code Bet9ja gives you, the next conditions apply:
SPORTMAX – this is the signal for the bookmaker that you would like to recieve the bonus while registering remember to use a bet9ja promotion code.
Just users that are new have a possibility to recieve the exclusive bonus.
Make a deposit.
Use ANY of the Bet9ja payment procedures – none of them is excludued from the promotion.
The deposit amount must be 100,000 and between 100 Naira.
Get 2,500 Naira additional. will if you deposit 2,500 Naira, you
To draw the cash you need to wager the sum for bonus and deposit 5 times.
Just then you'll be able to get the bonus.
Make sure to simply bet on bets with odds higher than 1.79 (1.80 and more).
Saturday night was a memory one for football supporters drawn from across the united states by sports betting outfit, Bet9ja, to observe the unveiling of its corporate gaming platform.
Labeled 'Fanatics Nighttime out,' the occasion saw football enthusiasts mingling with some former internationals, including Pere Rufai, Mutiu Adepoju, Victor Ikpeba, and Waidi Akanni, amongst others.
The roll call additionally comprised the primary vice president of the Nigeria Football Federation (NFF), Seyi Akinwunmi, Chairman Bet9ja, Kunle Soname, and ace comedian, Seyi Law.
Talking at the function, the company's Chief Executive Officer, Ayo 'Chucks' Ojuroye, stated the event was aimed at introducing the new inventions in the wager business, along with valuing the fans devotion to the brand that was Bet9ja.
The buffs are the key actors plus they are very important to our accomplishments, so we dimmed serve them better and also it fit to extend them our appreciations by coordinating this event.
We've introduced the corporate bets and also the idea would be to empower without always going to our representatives within their factory outlets, some Nigerians to place their wagers.
It makes it suitable and easier to allow them to follow up their passion with benefits from our firm. "Bet9ja now have factory outlets in 23 states and we expecting to possess more in other areas of the united states prior to the conclusion of the year."
In recognition of commitment and their patronage to making Bet9ja Nigeria's number one sports betting firm, Bet9ja, honoured agents and some excellent staff during its 2015 Ending of Awards night and the year bash in Lagos .
Former Super Eagles forward, Victor Ikpeba was among a number of the dignitaries in the event.
In what was a highly thrilling and well organised event, the staff, customers and agents operators of Bet9ja, of KC Gaming Network, went house with various gifts and also received awards in various groups.
The Chief Executive Officer, Ayo Ojuroye, praised the customers and representatives for his or her dedication as well as dedication of the firm in 2015.
"We are extremely happy with your performance in 2015, thus the necessity to value your efforts. Without your hard work and commitment, we will not be here now. Brokers you, customers and staff have done certainly nicely and we actually thank you for this. We're excited that in leap and leaps, Bet9ja has grown through your time and effort
Afterward the performance of Oritsefemi had everyone on their feet as the guests along with his Double Wahala track and Igbeyawo.
Bet9ja's has realized tremendous success in Nigeria's betting business In less than four years of operation, with offices in more than 19 states and with the highest winning bonus.
Buoyed by the tremendous success of its operations in the South West zone that has seen it emerge as the number one sports betting company after just a year of operation, Bet9ja has concluded plans to increase its operational base in the East and the south south area.
According to the chief Executive Officer of the company Ayo Ojuroye," we plan to always raise out operations in the nook and crannies of the country. Therefore, we've concluded plans to open more offices in the east and the south south area of the country.
We also hope to apply more agents across the country to ensure our customers can have our representative at their beck and call. We understand the strategic importance of the region to our business and we wish to empower lots of folks as well.
We have made individuals that were jobless millionaires depending on their, fire, we've taken our business to new heights and it can only get better"
Bet9ja was established last year with the goal of honoring people through their passion for sports.
Buoyed by its success in the past two years, where it's appeared as the very best sports betting business in Nigeria, the management of Bet9ja has vowed to sustain the tempo, having a promise pay bonus promptly and to consistently reward its agents.
And loyal staff and representatives that are committed. We feel obliged to encourage our staff and representatives with this specific end of the year celebration and awards to display our deep appreciation for a job well done. We are
A business that stands for excellence and reward hard work, so we will support our core value of rewarding people's fire. We would not relent in our efforts of earning sports betting a quite
rewarding experience for our patrons and customers."
Ojuroye further said, "some of our representatives have been dedicated, loyal and hardworking. Certainly one of them, Dave epitomizes what all other representatives ought to be. We recognize him as the most consistent representative of Bet9ja some of the representatives are extremely diligent and we are very pleased with their achievements in the outgoing year." A number of the honoured at the event include Faludi
with more that 28 stores across the united states.
Also Chairman of Bet9ja, talking, honest Kunle Soname said: "Our strength lies in our customers and staff.
sports betting company in Nigeria. A number of our agents like Bola Ojuroye have attained a feat even with her disability." A few of the staff honoured include Mary Chinyere,, Ayeni Joseph and Kunle Adeniji.
1997 African-Player-of-the-Year, Victor Ikpeba, has thrown his weight behind sports betting firm, Bet9ja, in its quest to help grow the Nigerian national professional football league.
Speaking in the unveiling of Bet9ja in Lagos yesterday, Ikpeba who is the brand ambassador said he elected to be a part of the project because of the trustworthiness of the individuals managing it.
"The folks behind Bet9ja are credible individuals to do business with. I admire their bravery to help grow the domestic league in our nation.
Ikpeba, fondly called the Prince of Monaco during his stint with Monaco FC in the French Ligue 1, admitted that he tried his chance as a punter while playing professional football.
From what I've found of Bet9ja and their operation in Nigeria, they've been the industry leader and are very credible to work with," he noted
"We've positioned our business as the leading sports betting business in Nigeria. We've got full complement of technical support from personnel grounded in the business around the world.
With strength base in the surplus of N500m, Bet9ja that started operations over six months past is flaunting its product superiority, ethics and trust amongst factors which is giving them the advantage over others in the sports betting business in the nation.
Chairman of Remo Stars FC, Kunle Soname, expressed his happiness to partner Bet9ja.
"As the chairman of the advertising committee of the Nigerian National League, I understand what this means to seek patrons. In the top sponsorship deal my team has entered into with Bet9ja, I could vouch the business is here to help change sports sponsorship in the country.
General Manager of Lagos State Lotteries Board, while commending the business, Lanre Gbajabiamila who was present at the launching, guaranteed to ensure that Bet9ja keep to the terms of the licence to ensure that the sport betting public remain joyful.
As the only firm that accepts bets on the Nigerian domestic league, Bet9ja also rely on results from La Liga, the English Premier League as well as other European leagues for business along with bets on Formula One and basketball.
In its bid to honour its esteemed customers, the country's leading gaming company, soccer fans thrilled in the weekend to your night out in Lagos.
The fun-packed event had in attendance trainers, ex-internationals, pundits, sport administrators and top notch comics.
The roll call includes the Initial Vice-president of the Nigeria Football Federation (NFF), Seyi Akinwunmi, Chairman Bet9ja, Honourable Kunle Soname, the Brand aAmbassadors, Victor Ikpeba and Mutiu Adepoju, Peter Rufai, Waidi Akanni and Seyi Law to mention a couple of.
In a brief chat with all the media, the firm's Chief Executive Officer, Ayo 'Chucks' Ojuroye, said that the event was aimed at understanding the devotees devotion to the brand that was Bet9ja in addition to utilize the occasion to introduce the brand new inventions in the wager sector.
His words: "The fans are the main performers and they're very important to our achievements, so we dimmed it appropriate to expand our understandings to them by organizing this event and also serve them better.
"We have introduced the corporate bets as well as the idea will be to empower some Nigerians to place their wagers without necessarily going to our representatives within their factory outlets. It makes it suitable and simpler for them to follow up their passion with rewards from our company.
"As we speak, Bet9ja now has over 1,000 staff and 15,000 agents across the country and that's a way to develop the economic by creating employments for the youth.
He also acknowledged that Bet9ja is hoping to get more in other parts of the united states prior to the finish of the entire year and now have outlets in 23 states.
The Lagos State Government in the weekend said it'd prosecuted over 50 defendants participating in prohibited lotteries operations in the state.
The state government so warned that it would bring the entire weight of the law against any operator in the Lagos State Lotteries Board without proper licence.
According to him, the Lotteries Board has detained and prosecuted before over 50 suspects for participating in illegal Lottery operations.
He added that security operatives "have been mandated to go all out in the metropolis and arrest anyone found running without license and authorisation in the state lotteries board."
Gbajabiamila insisted the board "stayed the only statutory regulatory body for lottery and associated actions in the state."
He explained the board was created by the Lagos State Lotteries Law 2004 (as amended) and authorised to permit and regulates gaming activities conducted inside the state.
He explained that the board issue nor recognises 'sports lottery license/permit' or 'promotional lottery permits' by whatsoever name called inside the state for operations.
Against patronising illegal operators Gbajabiamila so counseled members of the public.
He recorded some of recognised accredited operators enabled "to conduct lottery and associated activities in Lagos State to include Premier Lotto Limited (Babaijebu), Winners Golden Chance Ventures Limited (Fantastic Chance lotto), Winlot Global Resources Ventures Limited (Winlot), Superior Games Limited (Big Games) and Softplug Gaming Nigeria Limited."
Others are Get Elevation Nigeria Limited (Nairabet), Victor Bookmakers Nigeria Limited (1960bet), Marawin Limited (Sportybet), KC Gaming Networks Limited (Bet9ja), ChessPlus International Limited (Surebet247), Merry Bet Gold Limited (Merrybet).
The Nigeria Women Football League has concluded arrangements to partner the KC Gaming Network, proponents of the Bet9ja, as the title sponsors of the league.
Revealing this after meeting with the management of the company in Lagos, the Chairman of the Nigeria Women Football League Chief Mrs) Dilichukwu Onyedinma said all the arrangements have been concluded for signing of the memoranda of understanding.
"Discussions have reached the final stage with KC Gaming Network, the owners Bet9ja to come into the League as our title sponsors for the Nigeria Women Premier League. We have been discussing with them, and there seems to be light at the end of the tunnel. We are now set to make it public and the Memorandum of Understanding would soon be signed. This is a good thing for our Women Football League, and whatever that accrues from the deal will go a long way to reduce the burden of our clubs. I want to thank our various clubs for their patience and support; and to the Chairman of the KC Gaming Network, Mr. Kunle Soname for believing in women football in the country".
In his statement, the Chairman of KC Gaming Network, Mr. Kunle Soname described the Nigeria Women Football teams as the most successful among all the national football teams in the country. "It is no gainsaying that our girls have been the most successful among all our national teams. They have been to the entire FIFA Women World Cup finals from inception in 1991 to date; they once played up to the quarter finals in USA 1999. They have been to virtually all the Olympics except the 2012 Games in London. They have dominated the African scene, winning the Africa Women Championship seven times, and the age grade teams are not doing badly, with the U-20 girls playing in all FIFA World Cup finals since inception in 2002 and reaching the final twice.
"These are no mean achievements, and we felt that the best thing we can do as an organization is to support the League that has been producing these players that have been positively projecting the image of this country. This is our little way of giving back to the society and also ensuring that the girls are further empowered through the game of football.
He further revealed that signing of the agreement would be in a matter of days, after all the paper works must have been completed.
The stage is set for the 2015 edition of the Nigerian Sports Award holding today, Friday November, 20, 2015 at the Marquee, Oceanview, Eko Hotel & Suites, Victoria Island, Lagos from 6pm prompt.
The award gala night, which is the fourth in a row, is expected to be attended by top shots in the Nigerian sports circle including the Honourable Minister for Youth and Sports, Barrister Solomon Danlong, the Director General of the National Sports Commission, Nigerian past and present athletes as well as Nigerian sports fans.
Speaking on the preparations for today’s event, the spokesperson for the award and Executive Director, Unmissable Incentives Limited, Mr. Kayode Idowu, stated that all hands are on deck for a bigger and better Nigerian Sports Award ceremony which promises to be more glamorous than the previous editions.
"We are very proud to inform you that all is now set for the fourth edition of the Nigerian Sports Award. We are indeed elated over the quality of dignitaries who are not only confirmed but are already in Lagos for the award" he said. Idowu urged all invited guests, nominees and the media to be at the venue at 6pm prompt as there will be noroom for ‘African time’.
‘’This is because the programme will be aired live by Supersports on Channel 209 (Supersports 9) from 7pm.and beamed to millions of sports loving individuals not only in Nigeria but the entire African community and beyond’’ he added.
Idowu also used the opportunity to commend Bet9ja – Nigeria’s leading sports betting company for their continued sponsorship and support as a major partner to the Nigerian Sports Award.
In the commercial nerve centre in Nigeria, Lagos, shanty wooden constructions using a number of a tv, seats along with a satellite dish are common sight. These places, popularly called 'seeing centres', provide a majority of the football-mad population in the city an opportunity to watch the European football league matches, usually for significantly less than a dollar. So did the presence of these seeing centers as the popularity of these matches grew in the early 2000s.
On match-days, these locations are usually packed with enthusiastic fans athletic replica jerseys and rooting for his or her favourite teams but more recently, fans might be noticed by a keen observer at viewing centers - a 'ticket'. Despite the idea that sport betting kicked off in Nigeria only lately, the most early sport betting firms recorded their very first entry into the market in 2007.
Usually, sport betting includes punters getting their bets to correspond with the stakes and predicting the outcome of matches. The stakes are rewarded with winnings that were stipulated in the event the predictions are right. In Nigeria, where there are millions of unbelievably ardent soccer fans, sport gambling has found its dwelling that was proverbial.
Ultimately, fans began to research the real possibility of not just seeing football but also earning money from these games played thousands of miles away. For fans who watch football the capacity to generate profits from it's presented an opportunity too good to pass up.
Usually, enthusiasts are employed to hosting heated conversations on the massive weekly wages of their favourite footballers but that conversation on its head has turned. As the sport is now a viable revenue stream football buffs discuss their earnings from stakes. Every other weekend, gambling businesses pronounce huge winnings from wagers placed with sums as low as N100 (50 cents)
https://twitter.com/myBet9ja/status/665861355757395968
Of raking in millions from sums that are meagre, the possibility is enough motivation for punters throughout the nation to gamble on a daily basis and because of this, gaming numbers that are extremely impressive are recorded by companies. Ademola Adebajo, CEO of Stakersden, a leading betting company in Lagos, endeavors that stakes that are daily run into billions of Naira.
Punters in the state are seeing this as a source of daily bread and it's also not uncommon to find out people appropriating a specific sum for gambling daily," Adebajo said.
Regardless of bringing in abilities, punters cut despite the high levels of unemployment and poverty in Nigeria. Based on Adebajo, low income getting punters spend between N200 ($1) and N1000 ($5) on stakes while high income earners, labeled 'big ticket customers' spend thousands more, although these big ticket customers are firmly in the minority.
In recent years, as Nigeria has become a thriving market, capture market share to various measures of success and sports betting companies have sought to latch on.
The default option business model sees the businesses set up shop in a principal working office while seeking to establish an extensive network of affiliate agents who open brick and mortar shops where clients can come into place bets. For their part in the company chain, affiliate store owners, or brokers as they're officially known, get commissions on the wagers placed in their shops. Sports betting businesses also manage an online business model manipulating the net penetration in Nigeria, while the offline part thrives.
The Nigerian Communications Commission announced that net users in the country had reached 97 million, last month. With over half of the nation online, gaming businesses understand the requirement to establish online operations that are viable. With this function, sites are set up to open personal accounts from which they run transactions ranging from placing bets, depositing funds into an online wallet and transferring winnings got from stakes to their bank accounts. While both models are explored by some businesses vigorously, others like NairaBet just decide to remain predominantly on-line models thereby sidestepping the fiscal and logistical consequences of setting up and running a large scale offline model.
The first step however, is buying a gambling permit for an annual price of N10 million ($50,000) from regulators. Though the cost of kick-starting operations is high, firms that are betting require deep pockets to pay out winnings from punters which can sometimes run into hundreds of millions in one weekend.
In reality, on some occasions, eventual closing and the inability to pay up quickly after big wins continues to be proven to cause major embarrassment for betting companies. Last May, on a weekend that found few upsets and many predicted results clicking, punters on Bet9ja, the market leader in the sport betting space were said to have garnered up to N700 million ($3.5m) in winning bets. To its credit, Bet9ja paid promptly- a feat which cannot be matched by some other firms.
Undoubtedly, the business landscape is changing rapidly as gaming firms compete aggressively for market share. Based on Adebajo of Stakersden, gambling companies with actual goals of domination CAn't play little. Companies like Bet9ja have come to the market to redefine how sport gambling needs to be done and every operator is responding to the developments," he said. "The business landscape has went from trying to start a corner shop somewhere and offer betting services to individuals. The large companies are constantly innovating and upping the ante in the business. New entrants will need major start up capital to measure up."
The importance of innovation has found firms seek ways to create betting easier and less prohibitive as live telephone gaming services are launched.
While some think the Nigerian market is saturated and can not evolve, Adebajo says another phase of evolution is going to be fuelled by foreign investment. "Foreign companies have been licensed to run here and more are expecting to secure licenses or to partner with local operators. So in the next 5 years, we expect to see foreign firms taking a hunk of the shareholding of many of these firms to compete."
An unlikely alternative
Given Nigeria's high unemployment figures, the creation of jobs by the private sector is crucial and in this respect, the effect of sport betting has been profound. While other focus on optimizing their reach regionally, the industry has generated thousands of jobs directly and indirectly with nationwide operations running. A shop and graduate owner in Ikorodu, Joseph Chukwu, says sport wagering is a lifesaver. "There aren't any occupations in the nation even for capable graduates," he said. "Rather than sit on my thumbs, I made a decision to set up my store as an agent and make money through commissions. Initially while something bigger came along, I thought of it as something to do but now I'm focusing on being a mogul of varieties and assembling a chain of shops. It may seem ridiculous but I Have gone from seeking a job to really building a business."
Adebajo believes high speed and the employment issues of poverty implies that the opportunity to make a living from sports can barely be discounted. "Bulk of Nigerians live below the poverty line and any action that may legitimately turn a small sum of money into substantial amounts will remain appealing." Adebajo's opinions are backed from the numerous instances when Nigerians have fallen victim to deceptive multi-level marketing and pyramid schemes. Given the legitimacy of sport wagering, its allure is ostensible.
In under a decade, the sport betting industry become not just an income source for many Nigerian punters but also big occupation creation vehicle and has grown immensely.
Celebrity guests and Sport personalities, fans will mingle this weekend, as popular betting firm, BET9ja hosts card-carrying members of its devotees' team to a night of rewards and entertainment at the SS7 Lounge, Sapara Williams Close, Victoria Island, Lagos.
Boss Lola Adedeji, of SS7 Lounge, who said that all arrangements have been set in spot to make the night a memorable one, added that the event will bring the creme de la creme of the society.
"The Bet9ja Fanatics' Night Out has been specially packaged to bring together sport fans, soccer stars together with amusement celebrities to possess fun and jolly in a secure and peaceful ambience. Being Nigeria's greatest and biggest bookmaker, Bet9ja cannot give anything less to their loyal fans and patrons who have remained together over time," she said.
"At SS7 Lounge, we provide the best atmosphere to watch sports, enjoy good food and drinks, and be cheerful - that's, if your team is a winner," she enthused, including, "Do Not forget to join our Live Group Thursdays, Karaoke Friday Night, Old School Naija, which takes place every last Saturday of the month, and other special events."
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