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Banning iGaming in Nigeria would be a terrible decision and here’s why

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Several opinions have been voiced in the Nigerian government that iGaming is a detriment to society and needs to be removed completely. The term iGaming consists of pretty much everything resembling online wagering. Things such as sports betting and online casino games are considered as iGaming and the Nigerian government wants to get rid of them ASAP.

 

The sentiment towards this industry is understandable. It’s basically like a sink for the funds which are already quite scarce for the Nigerian population. Having these operators claim the funds of the local population with promises to pay them back double or triple seems like a pyramid scheme, but in reality, it isn’t.

 

The industry is quite popular all over the world. Places like Europe, Asia, and even the heavily regulated Northern America thrive from iGaming but don’t ban it completely. Why? Because it’s nothing but an introduction to underground gaming rings and criminals.

Where the problem is more systematic

As of right now, the biggest iGaming problem for Nigerians is noticed in schools and universities, where students find illegal contractors and place bets on a specific sports match that will be happening anytime soon.

 

Due to the naturally high risk of sports, whose outcome is usually hard to predict, many students tend to lose a lot of money they simply don’t have, and therefore end up in debt. There have even been cases where students wagered money dedicated to their tuition and lost it all.

 

These are the cases that the Nigerian government emphasizes and they are completely warranted. Such activities need to be controlled, discouraged and most importantly banned, as long as the whole industry isn’t banned.

What could be the side effects of a ban?

Banning iGaming in Nigeria will not discourage all of the sports betting activity happening within schools and universities. As already mentioned above, most of it is happening through illegal contractors who simply have enough funds to pay out the winners and that’s it.

 

Now, Nigeria has over two dozen companies that operate in this industry. These companies pay taxes based on their profits and usually adhere to everything that is forced upon them from high above.

 

These companies are the representation of supply for iGaming. Currently, the demand already outpaces the supply as school and university students choose illegal contractors.

 

Should the already available supply be taken out of the equation through a nation-wide ban, it would incentivize even more illegal contractors to set up shop. Why? Because the demand is still there, nothing was done about it, it’s just the supply that was removed.

 

By placing a ban on iGaming, the government will essentially blind itself to the local situation by not having access to the data that registered companies gather, nor will they receive any kind of tax from the industry as it will all continue to operate underground.

What could possibly be the solution?

Several experts have said that introducing a maximum amount that a person can deposit every month could be the solution, but that’s exactly why people go for illegal contractors as they don’t have these artificial caps.

 

The best solution, for now, would be to regulate the industry under the government’s control. This means that private companies will have to close up shop and leave, and the government will replace them through SOE (State Owned Enterprises).

 

However, this needs to be undertaken in a very cautious manner, as other countries who currently have monopolies on gambling are starting to see their population combat them.

 

Such is the case in Finland, where a local casino news outlet NorskeCasino.casino reported that the local population is starting to see the monopoly on gaming as nothing but a cash grab from the government.

 

It’s extremely important that the ruling party goes about this very carefully as it can have very serious political ramifications. Any kind of gaming addiction case after this implementation would be blamed on them.

But why would this work?

Once the government has the industry firmly in their hands, they can very easily remove any and all caps on the maximum deposits. The SOE could not focus on profits, but much rather focus on self-sustainability, this means regular cashback, beneficial offers and overall support of the customer base.

 

The removal of the cap brings the illegal gamblers into the fold and adds even more income to the government, which can later be invested in agencies dedicated to fighting gambling addiction or just infrastructure and fighting poverty.

 

Overall, the added control the government will get over the industry should be a great temporary solution, but it won’t hold forever as displayed in Finland.

 

Sources for this article:

 

https://norskecasino.casino/nyheter/finske-gamblere-er-lei-av-landets-spillmonopol/

https://en.wikipedia.org/wiki/Gambling_in_Nigeria

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Premier League Stars in AFCON 2023: A Look at Football’s Finest and Their Impact on Fantasy Football

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As the curtains rise for the 2023 Africa Cup of Nations (AFCON), the glittering stage of the English Premier League (EPL) braces for a temporary but impactful exodus. Some of the biggest names in football are set to depart for their countries, leaving Fantasy Premier League (FPL) managers in a whirlwind of tactical recalibrations??. The bettors are also set to interesting times, since many teams will be weakened. The wagers at betking nigeria, review can be found at the link, should be weighed in advance.

 

Premier League’s African Contingent

Let’s roll out the red carpet for the Premier League stars jetting off to AFCON 2023. Arsenal waves goodbye to Thomas Partey and Mohamed Elneny, while Aston Villa bids adieu to Bertrand Traore. Bournemouth’s Antoine Semenyo and Dango Ouattara set off, as do Bryan Mbeumo and Yoane Wissa of Brentford. Brighton’s Tariq Lamptey and Simon Adingra, Burnley’s Lyle Foster, and Chelsea’s Nickolas Jackson also join the parade. The list goes on, with players from Crystal Palace, Fulham, Liverpool, Luton, Manchester United, Nottingham Forest, Sheffield United, Tottenham, West Ham, and Wolves all answering their national teams’ calls??.

 

Spotlight on Mohamed Salah

The Egyptian Pharaoh, Mohamed Salah, currently the second leading FPL points scorer after Erling Haaland, is more than likely to join Egypt. His absence from Liverpool is expected to be filled by Diogo Jota and Gakpo, offering FPL managers a chance to redistribute funds to other key areas. Liverpool, being the second-highest goal scorers in the Premier League, still remains an attractive option for attacking positions??.

 

The Tottenham Puzzle

Tottenham faces a unique challenge with the loss of key players like Bissouma, Sarr, and the prolific Son Heung-min. This could leave Spurs vulnerable in midfield and affect their goal output. However, the expected return of Maddison could help mitigate the impact. FPL managers might consider switching Son to Saka or downgrading to players like Bowen, Palmer, Gordon, or Sterling to redistribute funds??.

 

Brentford’s Adjustment

Brentford loses Mbeumo and Wissa, with Mbeumo currently holding the 4th highest points tally among midfielders in FPL. Ivan Toney’s return from suspension could see him taking back the role of penalty taker. This could mean more playing time for players like Maupay, Shade, Damsgaard, and Lewis Potter. FPL managers might pivot to a differential like Doucoure or upgrade to safer picks like Maddison or Martinelli??.

 

Replacement Strategies

With the absence of players like Hwang Hee-chan, FPL managers might look towards alternatives like Neto, Cole Palmer, Anthony Gordon, or Doucoure. These replacements could offer viable options for maintaining a competitive edge in the fantasy realm??.

 

The Crystal Palace Conundrum

Jordan Ayew’s departure to join Ghana for AFCON will be felt at Crystal Palace. Known for winning free-kicks in dangerous areas and being a hard worker, his absence might reduce the appeal of Crystal Palace defenders like Joachim Andersen and Marc Guehi in the FPL context??.

 

Conclusion

As the Premier League’s finest depart for AFCON 2023, their absence will be felt both on the real pitch and in the virtual world of FPL. This presents a unique challenge for FPL managers to find suitable replacements and re-strategize. It’s a dance of tactical nous and quick thinking, a test of managerial mettle in the face of football’s ever-shifting landscape. Whether these stars return with medals or just memories, their journey in AFCON 2023 will surely add another thrilling chapter to the beautiful game’s rich tapestry.

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From Novice to Pro: Building a Profitable Sports Betting Strategy in Nigeria

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Navigating through the electrifying landscape of sports betting in Nigeria, the echo of football fandom reverberates powerfully, orchestrating the predominant betting activities. But amidst this prevailing melody, there exists a harmonious blend of alternative betting avenues, each weaving their own unique rhythms and potential windfalls. As enthusiasts engage in this multifaceted world, having a reliable and seamless transactional experience becomes pivotal. Enter the BetKing merchant code, a keyword synonymous with streamlined, user-friendly interactions on one of Nigeria’s foremost betting platforms. But while facilitating smooth transactions is integral, harnessing the vibrant opportunities available in diverse betting arenas stands as an indispensable counterpart.So, let’s embark on this enlightening journey, expanding horizons and unraveling strategies to navigate through the enticing, yet complex, tapestry of alternative betting options in Nigeria.

 

Betting Beyond Football: Exploring New Horizons in Sports Betting

 

With its pulsating energy and zealous fan following, football undoubtedly reigns supreme in the betting arenas across Nigeria. However, there’s a world beyond, waiting to be explored, where other sports and events unfold, each presenting distinctive betting landscapes. Every sport embeds unique opportunities and strategies for bettors, from the rapid dribbles in basketball courts to the striking force of a tennis racket and the swift turns of formula racing cars. Cricket, rugby, and basketball have their tournaments, players, and strategies, providing varied betting avenues. A proficient bettor learns to navigate these different sports, unearthing new opportunities, understanding various rules, and building diversified betting portfolios. The skills lie in understanding the nuances of other sports, discerning the potential impactful factors, and molding betting strategies accordingly, ensuring that the bettor can thrive beyond the borders of the football field.

 

Virtual and Casino Betting: Navigating Through the Digital Betting Sphere

 

In parallel to real-world sports betting, the digital realm unfurls a new dimension of betting experiences with Virtual and Casino betting. Virtual betting encapsulates computer-simulated sports events, ranging from virtual football leagues to virtual horse racing, where algorithms decide the outcome, and bettors place wagers on these predicted results. The allure of virtual betting lies in its continual availability, devoid of real-world seasonality, providing non-stop action for bettors. On the other hand, Casino betting ushers bettors into a world where traditional casino games like Poker, Roulette, and Blackjack become platforms for placing bets, testing both luck and strategy in a different gaming environment. Online casinos also present live dealer games, providing an immersive casino experience right at the fingertips of bettors. Navigating through virtual and casino betting demands an understanding of the underlying algorithms and strategies, alongside maintaining an astute sense of responsibility given the rapid pace and continuous availability of betting opportunities. Thus, diversifying into these domains opens up new vistas, embedding additional layers to the thrilling journey of sports betting.

Advanced Betting Strategies – Navigating with Expertise in the Betting Arena

The transition from a casual bettor to an astute, strategic one entails adopting and mastering advanced betting strategies devised with a meticulous understanding of the betting ecosystem. While the basic system provides a foundation, advancing in the betting world requires a deeper dive into more intricate and detail-oriented practices. This section will explore the nuances of such advanced strategies that can pave the way for more informed and potentially profitable betting experiences.

Utilizing Betting Tools and Software

In an age of technological advancement, betting tools and software have become indispensable assets for seasoned bettors. These tools, which range from odds comparison sites to automated betting bots, offer vital assistance in data analysis, strategy formulation, and decision-making. Utilizing software that tracks and analyzes historical data can unveil patterns and trends that are otherwise invisible to the naked eye. Moreover, employing tools that offer real-time updates on odds across various platforms ensures that bettors can seize the most lucrative opportunities.

Mastering Live/In-Play Betting

Live or in-play betting refers to placing bets while the event is ongoing. This form of betting demands quick thinking, real-time analysis, and a deep understanding of the sport. Strategies for live betting involve analyzing the game’s momentum, understanding team dynamics, and being adept at predicting potential game-changing moments. Making rapid, well-informed decisions when a key player is substituted, or an unexpected incident occurs is pivotal in live betting. Understanding the fluctuations in odds during live events and leveraging them to optimize betting outcomes is crucial.

Employing Hedging Strategies

Hedging involves placing bets on different outcomes to mitigate losses or ensure profits. This strategy is often deployed in accumulator bet scenarios or with high stakes. While it might seem counterintuitive to bet against oneself, mastering the art of hedging can safeguard a bettor’s bankroll, providing a safety net against unforeseen upsets in the betting journey. Knowing when and how to hedge requires a deep understanding of odds and potential outcomes. It can be a strategic move to stabilize and safeguard the betting endeavor when executed judiciously.

Navigating Through Specialty and Prop Bets

Specialty or proposition bets (prop bets) refer to wagers placed on specific events or occurrences within a game, which may not directly influence the outcome. This could involve betting on the first team to score, the number of yellow cards in a match, or a player to achieve a goal. Developing prop bets requires a nuanced understanding of the game, players, and scenarios. Developing strategies for such bets means immersing oneself in detailed research, understanding player stats, team dynamics, and historical trends, thus formulating informed bets rooted in concrete data.

Building and Managing a Betting Bankroll

Effective bankroll management is the linchpin of sustained betting success. It’s not merely about the bets themselves but managing funds to sustain a bettor through wins and losses. Employing strategies like the staking plan, where bets are placed based on a fixed percentage of the bankroll, ensures that the betting journey is not prematurely halted due to mismanaged funds. Seasoned bettors often have stringent bankroll management strategies, ensuring they bet within their means and safeguard their finances against potential losses.

 

Closing Note

 

Embarking on advanced strategies requires an amalgamation of knowledge, analytical prowess, and emotional control. The leap from fundamental betting to employing a progressive system is marked by a perpetual learning curve, where continuous analysis, learning from experiences, and adapting strategies play a pivotal role. Always remember that responsible betting should be the undercurrent of all strategies, ensuring that the thrill of betting does not overshadow the importance of ethical and financial prudence.

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Top 3 Best Football Players in Nigeria

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Nigeria has produced so many great players over the decades, but who is the standout footballer to ever come out of a football-crazed nation?

 

In this article, we take a look at the top 10 players in Nigerian football’s storied history.

 

Today, betting is becoming more and more popular. One of the most important criteria when choosing a bookmaker is the convenience of using a mobile application. Betking App has the same options as those on the main website. Users may sign up for the service, wager on any game mode, manage their accounts, contact customer support, and more through the platform.

 

  1. Steven Keshi

 

Steven Keshi is one of only two people to win the African Cup of Nations as a player and manager, the other being the Egyptian Mahmoud El-Gohari who won the tournament in 1994 as captain and in 2013 as manager of the Eagles.

 

Big Boss, as he was affectionately known, also captained Nigeria to its first US World Championship in 1994. He made 64 appearances for the Eagles, scoring 9 goals.

 

At club level, Keshi played for a number of Nigerian clubs, his longest tenure at the New Nigerian Bank and also spent a lot of time in Belgium, especially at Anderlecht, which he represented between 1987 and 1991.

 

In addition to leading Nigeria to an AFCON triumph in 2013, Keshi had other great managerial feats, the most notable being the selection of lowly Togo for their first World Cup in Germany in 2006.

 

  1. Jay Jay Okocha

 

With magical legs and unrivaled creativity, Austin JJ Okocha is probably the most naturally gifted footballer to ever play for Nigeria.

 

Okocha didn’t win as many titles and awards as his talents deserved, but he won the Nations Cup with the Eagles in 1994 and was part of the team that won the gold medal in Atlanta in 1996.

 

He came close on many other occasions as well, finishing second with the Eagles at the 2000 AFCON and then winning three consecutive AFCON Bronze medals in 2002, 2004 and 2006.

 

Okocha also did not have much luck with individual awards, as he never claimed the prestigious African Footballer of the Year award.

 

He played for Frankfurt in Germany in particular and for French team Paris Saint-Germain, joining the Parisians for an African record transfer fee after the 1998 World Cup, but it is for the unfashionable English team Bolton Wanderers that he may have had the greatest impact in Europe. .

 

With Okocha pulling the strings in the middle, Bolton became an established Premier League team and even reached the EFL Cup Final, which they lost to Middlesbrough.

 

Okocha may not have won as much as some of his contemporaries, but he will always be one of the most talented players to ever play this beautiful game.

 

  1. Nwankwo Kanu

 

Nwankwo Kanu is one of the most decorated players in Nigerian history.

 

The lanky forward had already captained the Nigerian national team and won worldwide glory at the 1993 Under-1993 World Youth Championship in Japan at 17, but he rose to new heights in 1996 when he inspired a dream team to win a football event at the 1996 Olympics in Atlanta.

 

Despite all his success at the junior level, Kanu, surprisingly, never claimed titles at the senior international level. The closest he came to this was a heartbreaking final with a runner-up finish at the 2000 African Cup of Nations co-hosted by Nigeria and Ghana.

 

He scored 12 goals in 86 matches for Nigeria.

 

What he lacked in trophies with the Super Eagles, he more than made up for at club level.

 

Kanu is one of the few Nigerians to have won a UEFA Champions League winner’s medal. He helped Ajax win the title in 1995 and also won the UEFA Cup in 1998 during his brief stint with Inter Milan.

 

Kanu earned trophies at Arsenal, winning two league titles and three FA Cups with the Gunners, and in 2008 he added another cup triumph with Portsmouth. famously scoring the winning goal in the final.

 

For all these feats, he was named African Footballer of the Year in 1996 and 1999.

 

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