Connect with us

Sports

‘Nigerians Spend N1.8bn Daily On Sports Betting’

Published

on

About 60 million Nigeri
ans between 18 and 40 years of age may be spending up to N1.8 billion on sports betting daily, an investigation by Tidesports source. Has revealed.
The investigation showed that they commit on the average N3,000 on sports betting daily.
A sport betting analyst, Dotun Ajekigbe, said that sport betting though risky was also rewarding.
Ajekigbe said that about 60 million Nigerians placed bets on different matches daily across the country.
He said that most unemployed youths have taken to online and other forms of sports betting to make a living.
According to him, from findings this group of people stake an average of N3,000 daily.
“Sport betting is gambling, not investing in bank shares.
“But almost everything in life is a gamble, more so with money matters. With gambling comes risks because it not 100 per cent guaranteed.
“However, you can dramatically reduce your risks by taking calculated risks only.
“When you take calculated risks, you base your decisions on sound research and evidence, not intuition.
“Sport betting is by chance. The better informed the player is, the better the chance he/she has of making money,” he said.
Mr Ambrose Obialor, who runs Yobo Viewing Centre, Lagos, says that some people bet between N2, 000, N10, 000 and above, depending on the individual.
He said that some people denied themselves of food after spending all they had on a bet.
An agent for 1960 Bet Company, Lagos, Mr Afeez Adigun, said that between 200 and 300 people visit his office to place bets on match days during football seasons. while about 150 people bet at off-seasons.
According to him, a betting company can generate up to N20 million monthly and use between N5 million and N7 million to meet winners obligations in terms of payment.
He also described sports’ betting as very risky but highly rewarding business.
A representative of another betting company, Betting World, who did not want his name mentioned, said that sport betting companies have employed about 50 youths in Lagos.
He also said that betting outlets were always filled with countless young people between ages 18 and 40 who come to place their bets.
The representative said that most people borrow as much as 10,000 for their daily stakes, stressing that some of them win, while others lose but returned for the next day’s betting.
He said that most people did not like to place bets on Nigerian matches because they were highly predictable.
Chief Executive Officer, Lagos State Lottery Board, Mr Lanre Gbajabiamila, said the lottery industry was very risky but also lucrative.
Gbajabiamila said that the board generated about N1 million in 2013 from about 11 sport betting companies in the state.
He added that more revenue could be generated with more investment to develop the industry.
“The state government has been making efforts to provide an enabling environment for the lottery industry but only 40 per cent of the industry had been tapped into.
“We urge the Federal Government to create a more enabling environment for operators in the industry to increase revenue and create jobs for youths.
“The major needs of the operators are improved electricity and internet provision to boost the business,” he said.
He restated the commitment of the board to rid the state of illegal lottery operators.

Continue Reading

Sports

Expert Wants Parents To Enroll Children In Vector Programme

Published

on

In a bid to have more young talented Nigerians to play professional football abroad, Johnny Ogbah, a sports lawyer and football intermediary, has called on parents to enroll their children in Vector Programme.
He stated that the programme is in conjunction with Conventry Football Club in United Kingdom (UK), saying that the programme includes academics where a child can acquire a degree.
Ogbah, made the call while addressing sports journalists recently in Port Harcourt, as the programme will admit students into Brooke College between the age of 11 and 18 Football Academy.
The major objective of Vector Programme is to give the young ones a career through sports and good education. The programme does not train people on football only but also other things that is related to sporting environment, he said.
According to him,  more than 20 Nigerians have benefited from the programme on scholarship and most of them are now playing football in top clubs in Europe.
“Vector programme was poised to create an avenue to give people to play football to the highest level.
Apart from football the child can also have quality education. It will interest you to know that those in Vector programme play friendly games that attracts scouts from different countries and football clubs.
The programme doesn’t train you on only football but also train people on everything that is associated to sports”, Ogbah said.
The former Nigeria Professional Football League (NPFL) player further disclosed Vector programme pathways provides the practice opportunities that players need if they are to successfully graduate as a professional player.

By: Tonye Orabere

Continue Reading

Sports

NLO: Khana FC Coach Blames Players For Missing Chances

Published

on

The Head Coach of Khana FC in Khana Local Government Area of Rivers State, Sam Ledor, has blamed his players as they were unable to convert scoring chances.
According to him, if those chances created in their opening match against Jet Bomber FC at the ongoing Nation wide League One (NLO), in Omoku centre were  converted, it  would have given them victory.
Ledor, said this on Saturday in a chat with Tidesports shortly after they played goalless draw against Jet Bomber FC in their opening match in 2024 NLO Division in Omoku, Rivers State.
“ We created a lot of scoring chances but could not find the net”, he said.
He explained that playing goalless draw is not a bad result in football but in a competition like this, they need to score goals and win matches.
“ My brother, we missed a lot of scoring chances which is not good. I trainned my players  on how to create chances and to convert them.
“ What is important in a competition is winning but as we did not lose the game,  we will look forward for our next game.
“We will go back to the drawing board and correct the grey areas in our game and ensure we get better results in our next outing.
“Today’s game is gone, what we need to do is to make sure we win our next game,” he stated.
He pointed out that no game comes easy but the effort you put in will give good result. They tried their best today and the result was good for both teams but we need to win our next game.
“My opponents were also  a good side; they tried all what they could but didn’t score also. It was a good game but my team needs to win games,” he added.

By: Kiadum Edookor

Continue Reading

Sports

Wilkins Backs Rivers Hoopers To Spring Surprises At 2024 BAL

Published

on

A French-American, John Walter Wilkins is confident Rivers Hoopers can make it to the playoff round of the 2024 Basketball Africa League (BAL).
Wilkins, who is the son of former NBA player Jeff Wilkins, linked up with his Hoopers teammates at the team’s training camp in Port Harcourt, Rivers State, ahead of the 2024 BAL Savannah Conference games, which tip off on Saturday, 4th May, 2024, in Dakar, Senegal.
Wilkins is no stranger to African basketball, having played for Moroccan sides AS Salé (2015-2016) and Ittihad Tanger (2017-2019), before leading Stade Malien to a third-place finish at BAL 2023.
Looking ahead to the 2024 BAL, Wilkins says the quality of basketball across Africa has improved, with the BAL requiring a high level of competitiveness, but backed Rivers Hoopers to spring a surprise at the tournament.
“It’s a really high level, a great competition; [it’s] one of the best I’ve played in since I’ve been in Africa. But we don’t need to be scared. We need to just attack the moment, be there, be present, and I think if we are confident in our abilities, we can surprise people,” he said.
Since its inaugural season in 2021, Nigerian teams have appeared twice at the BAL, with Rivers Hoopers playing in the inaugural edition of the tournament in 2021 and Kwara Falcons featuring at BAL 2023.
Despite failing to reach the playoffs on both previous occasions, Wilkins is optimistic that with the quality of players in the Hoopers squad as well as the recruitment done ahead of the BAL, Rivers Hoopers will be more competitive in this season’s BAL.
“I’m really optimistic. I know that those past years the teams from Nigeria didn’t do well, but I think with me, Kelvin [Amayo], Will [Perry], and the other guys, I think we can show the way, have some wins, and be more competitive,” he stated.
The Nigerian Champions were drawn in the Savannah Conference alongside former BAL Champions US Monastir (Tunisia), last year’s runners-up AS Douanes (Senegal), and APR (Rwanda).

Continue Reading

Trending