Gambling in Nigeria Infographic – An Overview of the Betting Industry in Nigeria
Legal sports betting has been around for a while but only recently has it grown in Africa especially Nigeria.
In this sports betting infographics in Nigeria, we cover the Ins and Outs of the gambling world in Nigeria where we look at how big the sports betting industry is in Nigeria, who gamble the most and top reasons why most people gamble on sports in Nigeria.
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Key Takeaways:
What is Gambling?
Gambling is placing a wager on the outcome of an event in this case (sports). The global gambling industry is worth over 600billion.
How much is Africa Gambling Industry Worth?
The Africa gambling industry is worth $37 billion. Nigeria sports betting market is worth $730 billion with $2billion spent daily and the average bettor spend about 3,000 Naira (nearly $15) per day
Is gambling illegal in Africa?
Gambling is full illegal in the following Africa countries:
- Libya
- Mauritania
- Sudan
- Guinea-Bissau
- Burundi
- Eritrea
- Somalia
While gambling is not illegal in the following countries, it is highly regulated in the following countries:
- Tunisia
- Algeria
- Senegal
- Egypt
- Togo
- Nigeria
- The Central African Republic
- South Africa
Countries with the highest percentage of gamblers in Africa
- Nigeria
- South Africa
- Kenya
- Uganda
- Ghana
Interesting Nigeria Betting Statistics and Facts:
- 3 casinos are licensed. They include Federal Palace Hotel and Casino, Transcorp Hitlon Abuja and Le Meridien Eko Hotels & Casinos
- 60 million people between the ages of 18 and 40 years gamble
- 5 million dollars a day on sport-linked gambling
- 250 bet slips are processed on the average by betting agents every day
Check out for more detailed statistics on betting in Nigeria
Top Sports Nigerians Gamble On:
- Soccer
- Motorsports
- Basketball
- Cricket
- Aussie rules football
- Rugby
- Virtual football leagues
- Tennis
- Baseball
- Badminton
Top 10 Betting Companies in Nigeria
- Nairabet
- Merrybet
- Bet9ja
- Naijabet
- Lovingbet
- Surebet247
- Supabets
- 1960bet
- Nairastake
- Parknbet
Check out a full review of the best betting sites in Nigeria.
Why Do People Gamble in Nigeria?
- Quest for quick money
- Unemployment
- Greed
- Economic hardship
- Poverty
- Just for fun
- Passion for sports
- Peer group influence
Gender Breakdown: Who Gamble The Most
- 47% of men
- 43% of women bet
7 The trait of A Great Gamblers:
- They know their numbers
- Take calculated risks
- Practice mindfulness
- Have people skills
- Stay healthy
- Realistic
- Think long term
Conclusion:
While it is possible to make lots of money gambling, it is also possible to lose. Be gamble aware.
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